The 10-second takeaway
For the quarter ended March 31 (Q1), Almost Family met expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue expanded and GAAP earnings per share dropped.
Margins contracted across the board.
Almost Family recorded revenue of $90.0 million. The seven analysts polled by S&P Capital IQ anticipated sales of $89.3 million on the same basis. GAAP reported sales were 8.9% higher than the prior-year quarter's $82.6 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 $0.54. The six earnings estimates compiled by S&P Capital IQ predicted $0.46 per share. GAAP EPS of $0.53 for Q1 were 13% lower than the prior-year quarter's $0.61 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 49.1%, 370 basis points worse than the prior-year quarter. Operating margin was 8.9%, 270 basis points worse than the prior-year quarter. Net margin was 5.5%, 140 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $89.9 million. On the bottom line, the average EPS estimate is $0.47.
Next year's average estimate for revenue is $360.9 million. The average EPS estimate is $1.86.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 994 members out of 1,021 rating the stock outperform, and 27 members rating it underperform. Among 247 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 242 give Almost Family a green thumbs-up, and five give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Almost Family is hold, with an average price target of $22.17.
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