The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Blount International met expectations on revenues and missed estimates on earnings per share.
Compared to the prior-year quarter, revenue shrank slightly. GAAP earnings per share contracted.
Margins contracted across the board.
Blount International reported revenue of $229.6 million. The three analysts polled by S&P Capital IQ anticipated revenue of $227.7 million on the same basis. GAAP reported sales were the same as the prior-year quarter's.
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 $0.18. The four earnings estimates compiled by S&P Capital IQ predicted $0.26 per share. GAAP EPS of $0.18 for Q4 were 5.3% lower than the prior-year quarter's $0.19 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 27.2%, 70 basis points worse than the prior-year quarter. Operating margin was 8.5%, 50 basis points worse than the prior-year quarter. Net margin was 3.9%, 10 basis points worse than the prior-year quarter. (Margins calculated in GAAP terms.)
Next quarter's average estimate for revenue is $229.4 million. On the bottom line, the average EPS estimate is $0.23.
Next year's average estimate for revenue is $981.8 million. The average EPS estimate is $1.17.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 70 members out of 79 rating the stock outperform, and nine members rating it underperform. Among 24 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 23 give Blount International 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 Blount International is outperform, with an average price target of $18.33.
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