The 10-second takeaway
For the quarter ended Sep. 30 (Q3), Fibria Celulose met expectations on revenues and missed expectations on earnings per share.
Compared to the prior-year quarter, revenue dropped slightly and GAAP loss per share contracted.
Gross margins increased, operating margins shrank, net margins expanded.
Fibria Celulose booked revenue of $766.0 million. The five analysts polled by S&P Capital IQ expected a top line of $765.8 million on the same basis. GAAP reported sales were 2.0% lower than the prior-year quarter's $781.5 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 -$0.20. The three earnings estimates compiled by S&P Capital IQ predicted -$0.11 per share. GAAP EPS were -$0.20 for Q3 against -$1.29 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 17.8%, 800 basis points better than the prior-year quarter. Operating margin was 6.8%, 280 basis points worse than the prior-year quarter. Net margin was -13.8%, 6,310 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $830.6 million. On the bottom line, the average EPS estimate is $0.09.
Next year's average estimate for revenue is $2.91 billion. The average EPS estimate is -$0.58.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 214 members out of 228 rating the stock outperform, and 14 members rating it underperform. Among 58 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 55 give Fibria Celulose a green thumbs-up, and three give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Fibria Celulose is hold, with an average price target of $8.59.
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