Giant Interactive Group
The 10-second takeaway
For the quarter ended March 31 (Q1), Giant Interactive Group beat slightly on revenues and met expectations on earnings per share.
Compared to the prior-year quarter, revenue expanded significantly. Non-GAAP earnings per share increased significantly. GAAP earnings per share grew.
Gross margins shrank, operating margins grew, net margins dropped.
Giant Interactive Group chalked up revenue of $93.0 million. The seven analysts polled by S&P Capital IQ expected revenue of $91.7 million on the same basis. GAAP reported sales were 14% higher than the prior-year quarter's $80.7 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 $0.22. The seven earnings estimates compiled by S&P Capital IQ predicted $0.22 per share. Non-GAAP EPS of $0.22 for Q1 were 16% higher than the prior-year quarter's $0.19 per share. GAAP EPS of $0.21 for Q1 were 11% higher than the prior-year quarter's $0.19 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 85.6%, 110 basis points worse than the prior-year quarter. Operating margin was 63.0%, 70 basis points better than the prior-year quarter. Net margin was 56.9%, 50 basis points worse than the prior-year quarter. (Margins calculated in GAAP terms.)
Next quarter's average estimate for revenue is $96.0 million. On the bottom line, the average EPS estimate is $0.23.
Next year's average estimate for revenue is $394.7 million. The average EPS estimate is $0.94.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 590 members out of 613 rating the stock outperform, and 23 members rating it underperform. Among 107 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 104 give Giant Interactive Group a green thumbs-up, and three give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Giant Interactive Group is outperform, with an average price target of $7.38.
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