Robbins & Myers
The 10-second takeaway
For the quarter ended Feb. 29 (Q2), Robbins & Myers beat expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue expanded significantly, and GAAP earnings per share expanded significantly.
Margins expanded across the board.
Robbins & Myers reported revenue of $255.9 million. The 10 analysts polled by S&P Capital IQ foresaw sales of $238.5 million on the same basis. GAAP reported sales were 39% higher than the prior-year quarter's $183.8 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.84. The 10 earnings estimates compiled by S&P Capital IQ predicted $0.75 per share. GAAP EPS of $0.84 for Q2 were 163% higher than the prior-year quarter's $0.32 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 39.8%, 200 basis points better than the prior-year quarter. Operating margin was 22.3%, 400 basis points better than the prior-year quarter. Net margin was 14.9%, 790 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $265.9 million. On the bottom line, the average EPS estimate is $0.89.
Next year's average estimate for revenue is $1.06 billion. The average EPS estimate is $3.52.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 194 members rating the stock outperform and nine members rating it underperform. Among 54 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 52 give Robbins & Myers 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 Robbins & Myers is outperform, with an average price target of $58.33.
Over the decades, small-cap stocks like Robbins & Myers have provided market-beating returns, provided they're value-priced and have solid businesses. Read about a pair of companies with a lock on their markets in "Too Small to Fail: Two Small Caps the Government Won't Let Go Broke." Click here for instant access to this free report.
- Add Robbins & Myers to My Watchlist.
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.