Editor’s note: We replaced the previous version of this article because our data provider had erroneous estimate information. The EPS estimate has been corrected to better reflect the comparable non-GAAP EPS figure.
NCI Building Systems
The 10-second takeaway
For the quarter ended Jan. 29 (Q1), NCI Building Systems beat expectations on revenues and exceeded expectations on earnings per share.
Compared to the prior-year quarter, revenue increased significantly and GAAP loss per share dropped.
Margins improved across the board.
NCI Building Systems reported revenue of $243.6 million. The two analysts polled by S&P Capital IQ foresaw revenue of $215.2 million on the same basis. GAAP reported sales were 28% higher than the prior-year quarter's $190.1 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Non-GAAP EPS came in at -$0.32. The one earnings estimate compiled by S&P Capital IQ predicted -$0.75 per share on the same basis. GAAP EPS were -$0.54 for Q1 compared to -$1.14 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 22.0%, 440 basis points better than the prior-year quarter. Operating margin was 1.8%, 920 basis points better than the prior-year quarter. Net margin was 0.2%, 690 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $243.9 million. On the bottom line, the average EPS estimate is -$0.07.
Next year's average estimate for revenue is $1.07 billion. The average EPS estimate is $0.03.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 172 members out of 191 rating the stock outperform, and 19 members rating it underperform. Among 51 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 46 give NCI Building Systems a green thumbs-up, and five give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on NCI Building Systems is outperform, with an average price target of $12.00.
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Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy