Skilled Healthcare Group
The 10-second takeaway
For the quarter ended March 31 (Q1), Skilled Healthcare Group missed slightly on revenues and missed estimates on earnings per share.
Compared to the prior-year quarter, revenue was unchanged. Non-GAAP earnings per share dropped significantly. GAAP earnings per share dropped significantly.
Margins shrank across the board.
Skilled Healthcare Group tallied revenue of $218.9 million. The eight analysts polled by S&P Capital IQ hoped for revenue of $222.5 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 $0.10. The nine earnings estimates compiled by S&P Capital IQ anticipated $0.18 per share. Non-GAAP EPS of $0.10 for Q1 were 41% lower than the prior-year quarter's $0.17 per share. GAAP EPS of $0.08 for Q1 were 53% lower than the prior-year quarter's $0.17 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 10.9%, 360 basis points worse than the prior-year quarter. Operating margin was 5.1%, 370 basis points worse than the prior-year quarter. Net margin was 1.4%, 150 basis points worse than the prior-year quarter. (Margins calculated in GAAP terms.)
Next quarter's average estimate for revenue is $220.4 million. On the bottom line, the average EPS estimate is $0.17.
Next year's average estimate for revenue is $887.0 million. The average EPS estimate is $0.67.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 128 members out of 137 rating the stock outperform, and nine members rating it underperform. Among 37 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 35 give Skilled Healthcare Group 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 Skilled Healthcare Group is hold, with an average price target of $6.00.
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