The 10-second takeaway
For the quarter ended Jan. 31 (Q4), UTi Worldwide missed estimates on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue expanded slightly, and GAAP earnings per share shrank.
Gross margins improved, operating margins increased, and net margins dropped.
UTi Worldwide notched revenue of $1.15 billion. The nine analysts polled by S&P Capital IQ expected a top line of $1.20 billion on the same basis. GAAP reported sales were 0.7% higher than the prior-year quarter's $1.15 billion.
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 $0.20. The 12 earnings estimates compiled by S&P Capital IQ predicted $0.16 per share on the same basis. GAAP EPS of $0.12 for Q4 were 14% lower than the prior-year quarter's $0.14 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 15.9%, 10 basis points better than the prior-year quarter. Operating margin was 2.5%, 20 basis points better than the prior-year quarter. Net margin was 1.1%, 20 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $1.24 billion. On the bottom line, the average EPS estimate is $0.15.
Next year's average estimate for revenue is $5.28 billion. The average EPS estimate is $0.97.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 96 members rating the stock outperform and nine members rating it underperform. Among 35 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 33 give UTi Worldwide a green thumbs-up, and two give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on UTi Worldwide is outperform, with an average price target of $18.44.
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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. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. Try any of our Foolish newsletter services free for 30 days.