The 10-second takeaway
For the quarter ended Sep. 30 (Q4), Siemens beat expectations on revenues and crushed expectations on earnings per share.
Compared to the prior-year quarter, revenue increased slightly and GAAP earnings per share shrank.
Margins shrank across the board.
Siemens booked revenue of $27.87 billion. The 14 analysts polled by S&P Capital IQ predicted a top line of $27.30 billion on the same basis. GAAP reported sales were 1.8% higher than the prior-year quarter's $27.37 billion.
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 $2.07. The one earnings estimate compiled by S&P Capital IQ predicted $1.69 per share. GAAP EPS of $1.77 for Q4 were 0.6% lower than the prior-year quarter's $1.78 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 27.6%, 80 basis points worse than the prior-year quarter. Operating margin was 8.6%, 70 basis points worse than the prior-year quarter. Net margin was 5.6%, 20 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $23.55 billion. On the bottom line, the average EPS estimate is $2.44.
Next year's average estimate for revenue is $101.52 billion. The average EPS estimate is $7.83.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 906 members out of 946 rating the stock outperform, and 40 members rating it underperform. Among 188 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 183 give Siemens a green thumbs-up, and five give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Siemens is hold, with an average price target of $107.84.
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