OSI Systems Beats Analyst Estimates on EPS
Jan 24th 2013 5:05PM
Updated Jan 24th 2013 6:05PM
OSI Systems (NAS: OSIS) reported earnings on Jan. 24. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q2), OSI Systems missed estimates on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue grew and GAAP earnings per share dropped.
Gross margins increased, operating margins dropped, net margins contracted.
OSI Systems logged revenue of $194.0 million. The five analysts polled by S&P Capital IQ hoped for revenue of $210.9 million on the same basis. GAAP reported sales were 3.2% higher than the prior-year quarter's $188.0 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 $0.70. The five earnings estimates compiled by S&P Capital IQ predicted $0.68 per share. GAAP EPS of $0.60 for Q2 were 1.6% lower than the prior-year quarter's $0.61 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 36.1%, 110 basis points better than the prior-year quarter. Operating margin was 9.6%, 10 basis points worse than the prior-year quarter. Net margin was 6.4%, 10 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $225.7 million. On the bottom line, the average EPS estimate is $0.77.
Next year's average estimate for revenue is $876.5 million. The average EPS estimate is $2.86.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 167 members out of 181 rating the stock outperform, and 14 members rating it underperform. Among 59 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 56 give OSI Systems 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 OSI Systems is buy, with an average price target of $87.00.
Looking for alternatives to OSI Systems? It takes more than great companies to build a fortune for the future. Learn the basic financial habits of millionaires next door and get focused stock ideas in our free report, "3 Stocks That Will Help You Retire Rich." Click here for instant access to this free report.
- Add OSI Systems to My Watchlist.
The article OSI Systems Beats Analyst Estimates 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 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.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.