The 10-second takeaway
For the quarter ended Sep. 30 (Q3), US Ecology beat expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue expanded significantly and GAAP earnings per share grew significantly.
Margins grew across the board.
US Ecology reported revenue of $45.7 million. The three analysts polled by S&P Capital IQ foresaw revenue of $41.0 million on the same basis. GAAP reported sales were 15% higher than the prior-year quarter's $39.7 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 $0.44. The three earnings estimates compiled by S&P Capital IQ predicted $0.28 per share. GAAP EPS of $0.47 for Q3 were 135% higher than the prior-year quarter's $0.20 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 40.6%, 210 basis points better than the prior-year quarter. Operating margin was 27.1%, 300 basis points better than the prior-year quarter. Net margin was 18.9%, 950 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $40.3 million. On the bottom line, the average EPS estimate is $0.28.
Next year's average estimate for revenue is $154.3 million. The average EPS estimate is $1.13.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 491 members out of 504 rating the stock outperform, and 13 members rating it underperform. Among 129 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 128 give US Ecology a green thumbs-up, and one give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on US Ecology is outperform, with an average price target of $21.80.
Can your retirement portfolio provide you with enough income to last? You'll need more than US Ecology. Learn about crafting a smarter retirement plan in "The Shocking Can't-Miss Truth About Your Retirement." Click here for instant access to this free report.
- Add US Ecology to My Watchlist.