Robbins & Myers
The 10-second takeaway
For the quarter ended Nov. 30 (Q1), Robbins & Myers beat expectations on revenues and missed estimates on earnings per share.
Compared to the prior-year quarter, revenue grew and GAAP earnings per share contracted.
Margins dropped across the board.
Robbins & Myers notched revenue of $257.3 million. The eight analysts polled by S&P Capital IQ expected to see revenue of $250.9 million on the same basis. GAAP reported sales were 8.4% higher than the prior-year quarter's $237.3 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 $0.81. The six earnings estimates compiled by S&P Capital IQ averaged $0.85 per share. GAAP EPS of $0.76 for Q1 were 1.3% lower than the prior-year quarter's $0.77 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 36.8%, 350 basis points worse than the prior-year quarter. Operating margin was 19.9%, 230 basis points worse than the prior-year quarter. Net margin was 12.4%, 250 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $261.7 million. On the bottom line, the average EPS estimate is $0.87.
Next year's average estimate for revenue is $1.07 billion. The average EPS estimate is $3.53.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 187 members out of 196 rating the stock outperform, and nine members rating it underperform. Among 48 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 46 give Robbins & Myers a green thumbs-up, and two give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Robbins & Myers is hold, with an average price target of $60.00.
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