The 10-second takeaway
For the quarter ended March 31 (Q1), Given Imaging missed estimates on revenue and missed estimates on earnings per share.
Compared to the prior-year quarter, revenue improved and GAAP earnings per share dropped.
Margins contracted across the board.
Given Imaging booked revenue of $41.8 million. The three analysts polled by S&P Capital IQ looked for revenue of $43.3 million on the same basis. GAAP reported sales were 4.7% higher than the prior-year quarter's $40.0 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 $0.06. The two earnings estimates compiled by S&P Capital IQ anticipated $0.11 per share. GAAP EPS of $0.01 for Q1 were 50% lower than the prior-year quarter's $0.02 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 75.6%, 120 basis points worse than the prior-year quarter. Operating margin was 1.2%, 240 basis points worse than the prior-year quarter. Net margin was 0.5%, 120 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $48.7 million. On the bottom line, the average EPS estimate is $0.19.
Next year's average estimate for revenue is $195.3 million. The average EPS estimate is $0.69.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 123 members out of 135 rating the stock outperform, and 12 members rating it underperform. Among 23 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 22 give Given Imaging a green thumbs-up, and one gives it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Given Imaging is outperform, with an average price target of $23.33.
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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.