The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Coleman Cable beat expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue expanded. Non-GAAP earnings per share grew significantly. GAAP earnings per share expanded significantly.
Margins grew across the board.
Coleman Cable reported revenue of $233.6 million. The three analysts polled by S&P Capital IQ foresaw sales of $222.0 million on the same basis. GAAP reported sales were 13% higher than the prior-year quarter's $206.9 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 $0.40. The three earnings estimates compiled by S&P Capital IQ anticipated $0.28 per share. Non-GAAP EPS of $0.40 for Q4 were 471% higher than the prior-year quarter's $0.07 per share. GAAP EPS of $0.38 for Q4 were 375% 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 16.1%, 360 basis points better than the prior-year quarter. Operating margin was 7.5%, 350 basis points better than the prior-year quarter. Net margin was 2.9%, 220 basis points better than the prior-year quarter. (Margins calculated in GAAP terms.)
Next quarter's average estimate for revenue is $234.0 million. On the bottom line, the average EPS estimate is $0.31.
Next year's average estimate for revenue is $948.4 million. The average EPS estimate is $1.53.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 101 members out of 107 rating the stock outperform, and six members rating it underperform. Among 26 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 24 give Coleman Cable a green thumbs-up, and two give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Coleman Cable is outperform, with an average price target of $12.50.
If you're interested in companies like Coleman Cable, 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 Coleman Cable to My Watchlist.
Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.