Compass Diversified Holdings
The 10-second takeaway
For the quarter ended March 31 (Q1), Compass Diversified Holdings beat expectations on revenue and missed expectations on earnings per share.
Compared to the prior-year quarter, both revenue and GAAP loss per share dropped.
Margins expanded across the board.
Compass Diversified Holdings notched revenue of $232.4 million. The four analysts polled by S&P Capital IQ foresaw revenue of $221.7 million on the same basis. GAAP-reported sales were 31% higher than the prior-year quarter's $177.3 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 -$0.02. The three earnings estimates compiled by S&P Capital IQ averaged $0.08 per share. GAAP EPS were -$0.02 for Q1 compared to -$0.15 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 33.6%, 200 basis points better than the prior-year quarter. Operating margin was 6.9%, 60 basis points better than the prior-year quarter. Net margin was -0.3%, 360 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $233 million. On the bottom line, the average EPS estimate is $0.14.
Next year's average estimate for revenue is $902.8 million. The average EPS estimate is $1.12.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 310 members rating the stock outperform and six members rating it underperform. Among 81 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 81 give Compass Diversified Holdings a green thumbs-up, and give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Compass Diversified Holdings is buy, with an average price target of $16.25.
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