The 10-second takeaway
For the quarter ended March 31 (Q1), Auxilium Pharmaceuticals whiffed on revenues and missed expectations on earnings per share.
Compared to the prior-year quarter, revenue dropped. Non-GAAP loss per share expanded. GAAP loss per share grew.
Margins shrank across the board.
Auxilium Pharmaceuticals reported revenue of $66.2 million. The 10 analysts polled by S&P Capital IQ looked for net sales of $82.1 million on the same basis. GAAP reported sales were 10% lower than the prior-year quarter's $73.6 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 -$0.12. The six earnings estimates compiled by S&P Capital IQ anticipated $0.03 per share. Non-GAAP EPS were -$0.12 for Q1 compared to -$0.04 per share for the prior-year quarter. GAAP EPS were -$0.17 for Q1 versus -$0.04 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 77.2%, 20 basis points worse than the prior-year quarter. Operating margin was -7.7%, 510 basis points worse than the prior-year quarter. Net margin was -12.4%, 1,000 basis points worse than the prior-year quarter. (Margins calculated in GAAP terms.)
Next quarter's average estimate for revenue is $92.2 million. On the bottom line, the average EPS estimate is $0.10.
Next year's average estimate for revenue is $377.3 million. The average EPS estimate is $0.31.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 135 members out of 189 rating the stock outperform, and 54 members rating it underperform. Among 53 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 30 give Auxilium Pharmaceuticals a green thumbs-up, and 23 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Auxilium Pharmaceuticals is outperform, with an average price target of $21.80.
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