VCA Antech Goes Red

VCA Antech (NAS: WOOF) filed its 10-K on Feb. 29. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Dec. 31 (Q4), VCA Antech met expectations on revenues and whiffed on earnings per share.

Compared to the prior-year quarter, revenue expanded and GAAP earnings per share shrank to a loss.

Margins dropped across the board.

Revenue details
VCA Antech logged revenue of $369.0 million. The 11 analysts polled by S&P Capital IQ wanted to see sales of $370.3 million on the same basis. GAAP reported sales were 9.1% higher than the prior-year quarter's $338.1 million.

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

EPS details
Non-GAAP EPS came in at $0.21. The 11 earnings estimates compiled by S&P Capital IQ forecast $0.25 per share on the same basis. GAAP EPS were -$0.04 for Q4 against $0.25 per share for the prior-year quarter.

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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 26.3%, 70 basis points worse than the prior-year quarter. Operating margin was 9.9%, 200 basis points worse than the prior-year quarter. Net margin was -0.9%, 730 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $403.8 million. On the bottom line, the average EPS estimate is $0.32.

Next year's average estimate for revenue is $1.71 billion. The average EPS estimate is $1.44.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 232 members out of 243 rating the stock outperform, and 11 members rating it underperform. Among 80 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 78 give VCA Antech 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 VCA Antech is outperform, with an average price target of $24.00.

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At the time this article was published 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. Motley Fool newsletter services have recommended buying shares of VCA Antech. Motley Fool newsletter services have recommended creating a covered call position in VCA Antech. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy

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