The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Aegion missed estimates on revenues and missed estimates on earnings per share.
Compared to the prior-year quarter, revenue grew. Non-GAAP earnings per share increased. GAAP earnings per share grew.
Margins dropped across the board.
Aegion booked revenue of $274.7 million. The eight analysts polled by S&P Capital IQ expected revenue of $282.6 million on the same basis. GAAP reported sales were 7.0% higher than the prior-year quarter's $256.8 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 $0.39. The eight earnings estimates compiled by S&P Capital IQ forecast $0.42 per share. Non-GAAP EPS of $0.39 for Q4 were 2.6% higher than the prior-year quarter's $0.38 per share. GAAP EPS of $0.38 for Q4 were 2.7% higher than the prior-year quarter's $0.37 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 23.7%, 100 basis points worse than the prior-year quarter. Operating margin was 7.7%, 100 basis points worse than the prior-year quarter. Net margin was 5.4%, 30 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $253.7 million. On the bottom line, the average EPS estimate is $0.27.
Next year's average estimate for revenue is $1.12 billion. The average EPS estimate is $1.72.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 178 members out of 190 rating the stock outperform, and 12 members rating it underperform. Among 53 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 50 give Aegion a green thumbs-up, and three give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Aegion is buy, with an average price target of $23.75.
If you're interested in companies like Aegion, you might want to check out the jaw-dropping technology that's about to put 100 million Chinese factory workers out on the street – and the 3 companies that control it. We'll tell you all about them in "The Future is Made in America." Click here for instant access to this free report.
- Add Aegion to My Watchlist.