Wednesday, October 24, 2012

Vocus Beats Analyst Estimates on EPS

Vocus (Nasdaq: VOCS  ) reported earnings on Tuesday. Here are the numbers you need to know.

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

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

Gross margins dropped, operating margins grew, and net margins dropped.

Revenue details
Vocus reported revenue of $30.5 million. The 10 analysts polled by S&P Capital IQ looked for sales of $30.2 million on the same basis. GAAP reported sales were 17% higher than the prior-year quarter's $26.0 million.

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 $0.24. The 11 earnings estimates compiled by S&P Capital IQ predicted $0.22 per share on the same basis. GAAP EPS were -$0.63 for Q4 compared to -$0.03 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 81.2%, 10 basis points worse than the prior-year quarter. Operating margin was 1.3%, 510 basis points better than the prior-year quarter. Net margin was -38.5%, 3,700 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $34.9 million. On the bottom line, the average EPS estimate is $0.00.

Next year's average estimate for revenue is $170.5 million. The average EPS estimate is $0.37.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 78 members rating the stock outperform and 34 members rating it underperform. Among 37 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 29 give Vocus a green thumbs-up, and eight give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Vocus is outperform, with an average price target of $28.13.

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