Diamond Hill Investment Group
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Diamond Hill Investment Group beat expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue grew. GAAP earnings per share grew.
Margins shrank across the board.
Diamond Hill Investment Group booked revenue of $17.0 million. The one analyst polled by S&P Capital IQ anticipated a top line of $16.4 million on the same basis. GAAP reported sales were 12% higher than the prior-year quarter's $15.2 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 $1.53. The one earnings estimate compiled by S&P Capital IQ predicted $1.41 per share. GAAP EPS of $1.53 for Q4 were 3.4% higher than the prior-year quarter's $1.48 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 38.6%, much worse than the prior-year quarter. Operating margin was 38.6%, 300 basis points worse than the prior-year quarter. Net margin was 28.4%, 90 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $16.6 million. On the bottom line, the average EPS estimate is $1.25.
Next year's average estimate for revenue is $69.9 million. The average EPS estimate is $5.36.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 176 members out of 183 rating the stock outperform, and seven members rating it underperform. Among 54 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 52 give Diamond Hill Investment Group a green thumbs-up, and two give it a red thumbs-down.
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