E-House (China) Holdings
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), E-House (China) Holdings beat expectations on revenues and missed expectations on earnings per share.
Compared to the prior-year quarter, revenue dropped and GAAP earnings per share dropped to a loss.
Margins dropped across the board.
E-House (China) Holdings recorded revenue of $117.4 million. The five analysts polled by S&P Capital IQ expected to see a top line of $103.0 million on the same basis. GAAP reported sales were 6.2% lower than the prior-year quarter's $125.2 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 -$0.23. The four earnings estimates compiled by S&P Capital IQ anticipated -$0.16 per share on the same basis. GAAP EPS were -$0.36 for Q4 versus $0.16 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 53.6%, 1,820 basis points worse than the prior-year quarter. Operating margin was -28.1%, 4,770 basis points worse than the prior-year quarter. Net margin was -23.7%, 3,400 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $93.1 million. On the bottom line, the average EPS estimate is -$0.14.
Next year's average estimate for revenue is $500.7 million. The average EPS estimate is $0.40.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 572 members out of 607 rating the stock outperform, and 35 members rating it underperform. Among 119 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 104 give E-House (China) Holdings a green thumbs-up, and 15 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on E-House (China) Holdings is outperform, with an average price target of $7.65.
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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.