Electronics for Imaging
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Electronics for Imaging beat expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue expanded and GAAP earnings per share grew significantly.
Gross margins shrank, operating margins shrank, net margins increased.
Electronics for Imaging booked revenue of $174.1 million. The three analysts polled by S&P Capital IQ predicted revenue of $168.0 million on the same basis. GAAP reported sales were 6.8% higher than the prior-year quarter's $163.1 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 $0.42. The four earnings estimates compiled by S&P Capital IQ forecast $0.35 per share. GAAP EPS of $1.19 for Q4 were 396% higher than the prior-year quarter's $0.24 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 54.2%, 160 basis points worse than the prior-year quarter. Operating margin was 7.5%, 130 basis points worse than the prior-year quarter. Net margin was 32.5%, 2,550 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $166.5 million. On the bottom line, the average EPS estimate is $0.29.
Next year's average estimate for revenue is $692.7 million. The average EPS estimate is $1.41.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 53 members out of 64 rating the stock outperform, and 11 members rating it underperform. Among 16 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 15 give Electronics for Imaging 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 Electronics for Imaging is buy, with an average price target of $20.75.
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