Albany Molecular Research
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Albany Molecular Research beat expectations on revenues and missed estimates on earnings per share.
Compared to the prior-year quarter, revenue grew significantly and GAAP earnings per share increased.
Margins increased across the board.
Albany Molecular Research reported revenue of $67.2 million. The one analyst polled by S&P Capital IQ anticipated revenue of $56.5 million on the same basis. GAAP reported sales were 44% higher than the prior-year quarter's $46.6 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 $0.07. The one earnings estimate compiled by S&P Capital IQ predicted $0.09 per share. GAAP EPS were $0.07 for Q4 versus -$0.82 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 26.9%, 1,510 basis points better than the prior-year quarter. Operating margin was 11.2%, 2,210 basis points better than the prior-year quarter. Net margin was 2.9%, 5,530 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $53.8 million. On the bottom line, the average EPS estimate is $0.03.
Next year's average estimate for revenue is $230.0 million. The average EPS estimate is $0.24.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 105 members out of 121 rating the stock outperform, and 16 members rating it underperform. Among 42 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 38 give Albany Molecular Research 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 Albany Molecular Research is buy, with an average price target of $7.00.
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