Westwood Holdings Group
The 10-second takeaway
For the quarter ended March 31 (Q1), Westwood Holdings Group missed estimates on revenues and whiffed on earnings per share.
Compared to the prior-year quarter, revenue improved and GAAP earnings per share grew.
Margins expanded across the board.
Westwood Holdings Group booked revenue of $17.9 million. The one analyst polled by S&P Capital IQ predicted revenue of $19.7 million on the same basis. GAAP reported sales were 5.0% higher than the prior-year quarter's $17.0 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 $0.52. The one earnings estimate compiled by S&P Capital IQ forecast $0.67 per share. GAAP EPS of $0.52 for Q1 were 4.0% higher than the prior-year quarter's $0.50 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 50.1%, 100 basis points better than the prior-year quarter. Operating margin was 34.1%, 110 basis points better than the prior-year quarter. Net margin was 21.2%, 30 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $20.1 million. On the bottom line, the average EPS estimate is $0.71.
Next year's average estimate for revenue is $80.6 million. The average EPS estimate is $2.81.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 139 members out of 146 rating the stock outperform, and seven members rating it underperform. Among 19 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 19 give Westwood Holdings Group a green thumbs-up, and give it a red thumbs-down.
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