The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Vascular Solutions met expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue increased and GAAP earnings per share grew significantly.
Margins expanded across the board.
Vascular Solutions notched revenue of $25.3 million. The five analysts polled by S&P Capital IQ wanted to see net sales of $25.6 million on the same basis. GAAP reported sales were 15% higher than the prior-year quarter's $22.1 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 $0.22. The five earnings estimates compiled by S&P Capital IQ forecast $0.17 per share. GAAP EPS of $0.18 for Q4 were 38% higher than the prior-year quarter's $0.13 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 67.2%, 150 basis points better than the prior-year quarter. Operating margin was 18.5%, 290 basis points better than the prior-year quarter. Net margin was 12.1%, 230 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $26.3 million. On the bottom line, the average EPS estimate is $0.16.
Next year's average estimate for revenue is $108.7 million. The average EPS estimate is $0.68.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 95 members out of 107 rating the stock outperform, and 12 members rating it underperform. Among 25 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 21 give Vascular Solutions a green thumbs-up, and four give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Vascular Solutions is outperform, with an average price target of $17.10.
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