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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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. The Motley Fool owns shares of Almost Family. 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.