Prestige Brands Holdings
The 10-second takeaway
For the quarter ended March 31 (Q4), Prestige Brands Holdings met expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue increased significantly and GAAP earnings per share shrank to zero.
Gross margins increased, operating margins shrank, net margins dropped.
Prestige Brands Holdings booked revenue of $134.0 million. The three analysts polled by S&P Capital IQ expected net sales of $133.2 million on the same basis. GAAP reported sales were 39% higher than the prior-year quarter's $96.4 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 $0.26. The four earnings estimates compiled by S&P Capital IQ forecast $0.23 per share. GAAP EPS shrank to zero from the prior-year quarter's $0.13.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 52.5%, 50 basis points better than the prior-year quarter. Operating margin was 18.2%, 590 basis points worse than the prior-year quarter. Net margin was 0.0%, 670 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $146.6 million. On the bottom line, the average EPS estimate is $0.29.
Next year's average estimate for revenue is $618.5 million. The average EPS estimate is $1.29.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 160 members out of 173 rating the stock outperform, and 13 members rating it underperform. Among 45 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 41 give Prestige Brands Holdings a green thumbs-up, and four give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Prestige Brands Holdings is outperform, with an average price target of $20.50.
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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. 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.