Synutra International (Nasdaq: SYUT ) reported earnings on June 13. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended March 31 (Q4), Synutra International missed estimates on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue contracted. Non-GAAP earnings per share contracted significantly. GAAP earnings per share shrank significantly.
Margins dropped across the board.
Synutra International booked revenue of $72.9 million. The two analysts polled by S&P Capital IQ expected to see sales of $77.6 million on the same basis. GAAP reported sales were 15% lower than the prior-year quarter's $85.4 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 $0.08. The two earnings estimates compiled by S&P Capital IQ predicted $0.02 per share. Non-GAAP EPS of $0.08 for Q4 were 38% lower than the prior-year quarter's $0.13 per share. GAAP EPS of $0.06 for Q4 were 54% lower than the prior-year quarter's $0.13 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 38.8%, 290 basis points worse than the prior-year quarter. Operating margin was 7.8%, much worse than the prior-year quarter. Net margin was 4.5%, 430 basis points worse than the prior-year quarter. (Margins calculated in GAAP terms.)
Next quarter's average estimate for revenue is $62.7 million. On the bottom line, the average EPS estimate is -$0.01.
Next year's average estimate for revenue is $302.2 million. The average EPS estimate is $0.13.
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 76 members out of 148 rating the stock outperform, and 72 members rating it underperform. Among 48 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 20 give Synutra International a green thumbs-up, and 28 give it a red thumbs-down.
Looking for alternatives to Synutra International? 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 Synutra International to My Watchlist.