Please ensure Javascript is enabled for purposes of website accessibility

Intersil Beats Analyst Estimates on EPS

By Seth Jayson - Updated Apr 10, 2017 at 1:42PM

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

Just the facts, Fool.

Intersil (Nasdaq: ISIL) reported earnings on April 24. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended March 29 (Q1), Intersil missed estimates on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue dropped significantly. Non-GAAP earnings per share didn't move. GAAP earnings per share expanded.

Gross margins dropped, operating margins shrank, net margins expanded.

Revenue details
Intersil booked revenue of $131.7 million. The 16 analysts polled by S&P Capital IQ looked for revenue of $134.5 million on the same basis. GAAP reported sales were 16% lower than the prior-year quarter's $156.0 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $0.06. The nine earnings estimates compiled by S&P Capital IQ anticipated $0.04 per share. Non-GAAP EPS of $0.06 were the same as the prior-year quarter. GAAP EPS were $0.02 for Q1 against -$0.03 per share for the prior-year quarter.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 53.8%, 80 basis points worse than the prior-year quarter. Operating margin was -2.5%, 210 basis points worse than the prior-year quarter. Net margin was 1.9%, 400 basis points better than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $144.6 million. On the bottom line, the average EPS estimate is $0.08.

Next year's average estimate for revenue is $584.6 million. The average EPS estimate is $0.38.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 142 members out of 156 rating the stock outperform, and 14 members rating it underperform. Among 49 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 45 give Intersil a green thumbs-up, and four give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Intersil is hold, with an average price target of $8.45.

Is Intersil the best semiconductor stock for you? You may be missing something obvious. Check out the semiconductor company that Motley Fool analysts expect to lead "The Next Trillion-dollar Revolution." Click here for instant access to this free report.

Invest Smarter with The Motley Fool

Join Over 1 Million Premium Members Receiving…

  • New Stock Picks Each Month
  • Detailed Analysis of Companies
  • Model Portfolios
  • Live Streaming During Market Hours
  • And Much More
Get Started Now

Stocks Mentioned

Intersil Corporation Stock Quote
Intersil Corporation
ISIL

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

Related Articles

Motley Fool Returns

Motley Fool Stock Advisor

Market-beating stocks from our award-winning service.

Stock Advisor Returns
344%
 
S&P 500 Returns
120%

Calculated by average return of all stock recommendations since inception of the Stock Advisor service in February of 2002. Returns as of 05/28/2022.

Discounted offers are only available to new members. Stock Advisor list price is $199 per year.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.