Tag Archives: Matches Expectations

Business, Finance, Occupation & Industry

CarMax Beats on Revenue, Matches Expectations on EPS

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By Seth Jayson, The Motley Fool

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CarMax (NYS: KMX) reported earnings on April 10. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended Feb. 28 (Q4), CarMax beat expectations on revenues and met expectations on earnings per share.

Compared to the prior-year quarter, revenue grew. GAAP earnings per share grew.

Gross margins shrank, operating margins shrank, net margins were steady.

Revenue details
 CarMax reported revenue of $2.83 billion. The 12 analysts polled by S&P Capital IQ predicted a top line of $2.73 billion on the same basis. GAAP reported sales were 14% higher than the prior-year quarter’s $2.54 billion.

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 $0.46. The 15 earnings estimates compiled by S&P Capital IQ averaged $0.46 per share. GAAP EPS of $0.46 for Q4 were 15% higher than the prior-year quarter’s $0.40 per share.

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 15.3%, 60 basis points worse than the prior-year quarter. Operating margin was 6.2%, 90 basis points worse than the prior-year quarter. Net margin was 3.7%, much about the same as the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
 Next quarter’s average estimate for revenue is $3.11 billion. On the bottom line, the average EPS estimate is $0.57.

Next year’s average estimate for revenue is $12.16 billion. The average EPS estimate is $2.09.

Investor sentiment

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on CarMax is outperform, with an average price target of $40.00.

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The article CarMax Beats on Revenue, Matches Expectations on EPS originally appeared on Fool.com.


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

From: http://www.dailyfinance.com/2013/04/11/carmax-beats-on-revenue-matches-expectations-on-e/

Business, Finance, Occupation & Industry

Bed Bath & Beyond Beats on Revenue, Matches Expectations on EPS

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By Seth Jayson, The Motley Fool

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Bed Bath & Beyond (NAS: BBBY) reported earnings on April 10. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended March 2 (Q4), Bed Bath & Beyond beat slightly on revenues and met expectations on earnings per share.

Compared to the prior-year quarter, revenue expanded significantly. GAAP earnings per share increased.

Margins shrank across the board.

Revenue details
 Bed Bath & Beyond reported revenue of $3.40 billion. The 24 analysts polled by S&P Capital IQ wanted to see net sales of $3.35 billion on the same basis. GAAP reported sales were 24% higher than the prior-year quarter’s $2.73 billion.

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 $1.68. The 27 earnings estimates compiled by S&P Capital IQ averaged $1.68 per share. GAAP EPS of $1.68 for Q4 were 14% higher than the prior-year quarter’s $1.48 per share.

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 41.0%, 160 basis points worse than the prior-year quarter. Operating margin was 17.6%, 260 basis points worse than the prior-year quarter. Net margin was 11.0%, 180 basis points worse than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
 Next quarter’s average estimate for revenue is $2.59 billion. On the bottom line, the average EPS estimate is $0.94.

Next year’s average estimate for revenue is $11.68 billion. The average EPS estimate is $5.02.

Investor sentiment

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Bed Bath & Beyond is outperform, with an average price target of $69.13.

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The article Bed Bath & Beyond Beats on Revenue, Matches Expectations on EPS originally appeared on Fool.com.


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 recommends Bed Bath & Beyond. Try any of our Foolish newsletter

From: http://www.dailyfinance.com/2013/04/11/bed-bath–beyond-beats-on-revenue-matches-expecta/

Business, Finance, Occupation & Industry

McCormick Beats on Revenue, Matches Expectations on EPS

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By Seth Jayson, The Motley Fool

Hennessey Venom GT

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McCormick (NYS: MKC) reported earnings on April 2. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended Feb. 28 (Q1), McCormick beat slightly on revenues and met expectations on earnings per share.

Compared to the prior-year quarter, revenue grew. GAAP earnings per share expanded.

Margins dropped across the board.

Revenue details
 McCormick logged revenue of $934.4 million. The 10 analysts polled by S&P Capital IQ wanted to see revenue of $922.8 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 details
 EPS came in at $0.57. The 14 earnings estimates compiled by S&P Capital IQ anticipated $0.57 per share. GAAP EPS of $0.57 for Q1 were 3.6% higher than the prior-year quarter’s $0.55 per share.

Hennessey Venom GT

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 38.7%, 50 basis points worse than the prior-year quarter. Operating margin was 12.0%, 40 basis points worse than the prior-year quarter. Net margin was 8.1%, 10 basis points worse than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
 Next quarter’s average estimate for revenue is $1.02 billion. On the bottom line, the average EPS estimate is $0.61.

Next year’s average estimate for revenue is $4.22 billion. The average EPS estimate is $3.20.

Investor sentiment
 The stock has a four-star rating (out of five) at Motley Fool CAPS, with 410 members out of 428 rating the stock outperform, and 18 members rating it underperform. Among 174 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 171 give McCormick 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 McCormick is hold, with an average price target of $64.27.

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The article McCormick Beats on Revenue, Matches Expectations on EPS originally appeared on Fool.com.


Seth Jayson had no position in any company mentioned here at the time of …read more
Source: FULL ARTICLE at DailyFinance