The 10-second takeaway
For the quarter ended March 31 (Q2), Landauer met expectations on revenue and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue grew significantly and GAAP earnings per share shrank.
Margins shrank across the board.
Landauer reported revenue of $39.1 million. The two analysts polled by S&P Capital IQ expected to see revenue of $39.0 million on the same basis. GAAP reported sales were 21% higher than the prior-year quarter's $32.3 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 $0.78. The two earnings estimates compiled by S&P Capital IQ averaged $0.71 per share. GAAP EPS of $0.75 for Q2 were 12% lower than the prior-year quarter's $0.85 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 59.0%, 510 basis points worse than the prior-year quarter. Operating margin was 26.8%, 1,030 basis points worse than the prior-year quarter. Net margin was 18.2%, 650 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $39.5 million. On the bottom line, the average EPS estimate is $0.47.
Next year's average estimate for revenue is $155.3 million. The average EPS estimate is $2.41.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 50 members out of 54 rating the stock outperform, and four members rating it underperform. Among 21 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 20 give Landauer 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 Landauer is outperform, with an average price target of $63.50.
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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.