The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Orient-Express Hotels missed estimates on revenues and exceeded expectations on earnings per share.
Compared to the prior-year quarter, revenue expanded slightly and GAAP loss per share was unchanged.
Gross margins increased, operating margins contracted, and net margins dropped.
Orient-Express Hotels logged revenue of $136.6 million. The five analysts polled by S&P Capital IQ expected a top line of $141.5 million on the same basis. GAAP reported sales were 1.1% higher than the prior-year quarter's $122.5 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 -$0.09. The five earnings estimates compiled by S&P Capital IQ predicted -$0.12 per share on the same basis. GAAP EPS of -$0.27 were the same as 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 55.4%, 650 basis points better than the prior-year quarter. Operating margin was 2.3%, 70 basis points worse than the prior-year quarter. Net margin was -22.7%, 110 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $107.9 million. On the bottom line, the average EPS estimate is -$0.18.
Next year's average estimate for revenue is $638.2 million. The average EPS estimate is $0.23.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 77 members out of 104 rating the stock outperform, and 27 members rating it underperform. Among 35 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 29 give Orient-Express Hotels a green thumbs-up, and six give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Orient-Express Hotels is outperform, with an average price target of $10.71.
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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