BRF - Brasil Foods
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), BRF - Brasil Foods beat expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue increased. Non-GAAP earnings per share grew significantly. GAAP earnings per share grew significantly.
Gross margins contracted, operating margins shrank, net margins grew.
BRF - Brasil Foods reported revenue of $3.98 billion. The seven analysts polled by S&P Capital IQ hoped for revenue of $3.89 billion 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 $0.33. The three earnings estimates compiled by S&P Capital IQ averaged $0.19 per share. Non-GAAP EPS of $0.33 for Q4 were 57% higher than the prior-year quarter's $0.21 per share. GAAP EPS of $0.32 for Q4 were 300% higher than the prior-year quarter's $0.08 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 25.7%, 170 basis points worse than the prior-year quarter. Operating margin was 7.4%, 100 basis points worse than the prior-year quarter. Net margin was 6.9%, 520 basis points better than the prior-year quarter. (Margins calculated in GAAP terms.)
Next quarter's average estimate for revenue is $3.65 billion. On the bottom line, the average EPS estimate is $0.17.
Next year's average estimate for revenue is $15.96 billion. The average EPS estimate is $1.01.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 223 members out of 238 rating the stock outperform, and 15 members rating it underperform. Among 60 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 55 give BRF - Brasil Foods a green thumbs-up, and five give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on BRF - Brasil Foods is outperform, with an average price target of $20.47.
The rich are different than you and me: They might not notice the moneymaking stories right under our noses. In our new report, "Middle-Class Millionaire-Makers: 3 Stocks Wall Street's Too Rich to Notice," we give you three Peter Lynch-inspired buy-what-you-know stocks for the 99%. Click here for instant access to this free report.
- Add BRF - Brasil Foods to My Watchlist.