Comment
0
Tweet
0
Print
RSS Feeds

KEYW Holding Goes Red

Wednesday - 5/1/2013, 2:00am  ET

KEYW Holding reported earnings on April 30. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended March 31 (Q1), KEYW Holding beat expectations on revenues and missed expectations on earnings per share.

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

Margins shrank across the board.

Revenue details
KEYW Holding booked revenue of $77.9 million. The seven analysts polled by S&P Capital IQ predicted a top line of $75.2 million on the same basis. GAAP reported sales were 40% higher than the prior-year quarter's $55.8 million.

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 -$0.06. The seven earnings estimates compiled by S&P Capital IQ anticipated -$0.03 per share. GAAP EPS were -$0.06 for Q1 compared to $0.01 per share for the prior-year quarter.

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 30.9%, 300 basis points worse than the prior-year quarter. Operating margin was -4.0%, 520 basis points worse than the prior-year quarter. Net margin was -2.9%, 320 basis points worse than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $81.8 million. On the bottom line, the average EPS estimate is -$0.04.

Next year's average estimate for revenue is $330.0 million. The average EPS estimate is -$0.02.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 25 members out of 26 rating the stock outperform, and one members rating it underperform. Among five CAPS All-Star picks (recommendations by the highest-ranked CAPS members), five give KEYW Holding a green thumbs-up, and give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on KEYW Holding is buy, with an average price target of $17.71.

Looking for alternatives to KEYW Holding? 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.

This article was originally published as KEYW Holding Goes Redon Fool.com

Copyright © 2009 The Motley Fool, LLC. All rights reserved.