Focus Media Holding
The 10-second takeaway
For the quarter ended June 30 (Q2), Focus Media Holding beat expectations on revenue and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue improved significantly and GAAP earnings per share grew significantly.
Gross margins expanded, operating margins shrank, and net margins grew.
Focus Media Holding booked revenue of $233.0 million. The five analysts polled by S&P Capital IQ anticipated a top line of $226.0 million on the same basis. GAAP reported sales were 30% higher than the prior-year quarter's $179.0 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 $0.62. The four earnings estimates compiled by S&P Capital IQ predicted $0.59 per share. GAAP EPS of $0.45 for Q2 were 50% higher than the prior-year quarter's $0.30 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 63.8%, 140 basis points better than the prior-year quarter. Operating margin was 27.4%, 30 basis points worse than the prior-year quarter. Net margin was 25.3%, 140 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $255.2 million. On the bottom line, the average EPS estimate is $0.69.
Next year's average estimate for revenue is $979.5 million. The average EPS estimate is $2.27.
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 1,017 members out of 1,126 rating the stock outperform, and 109 members rating it underperform. Among 260 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 216 give Focus Media Holding a green thumbs-up, and 44 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Focus Media Holding is buy, with an average price target of $39.96.
Can your portfolio provide you with enough income to last through retirement? You'll need more than Focus Media Holding. Learn how to maximize your investment income and get "The 3 Dow Stocks Dividend Investors Need." Click here for instant access to this free report.
- Add Focus Media Holding to My Watchlist.
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 has no positions in the stocks mentioned above. 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.