Vistaprint N.V. Earnings: Strong Margins Continue, Beats Wall Street Profit View

Rising costs hurt Vistaprint N.V. (NASDAQ:VPRT) in the fourth quarter as profit dropped from a year earlier. VistaPrint is a printing firm that targets its service to small businesses. It provides high-impact personalized products and services for small businesses and the home.

Investing Insights: Is TV the Next Bullish Catalyst for Apple’s Stock?

Vistaprint N.V. Earnings Cheat Sheet

Results: Net income for Vistaprint N.V. fell to $3.9 million (10 cents per share) vs. $14.4 million (32 cents per share) a year earlier. This is a decline of 73.3% from the year-earlier quarter.

Revenue: Rose 19.9% to $250.4 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: Vistaprint N.V. beat the mean analyst estimate of a loss of 5 cents per share. It fell short of the average revenue estimate of $258.1 million.

Quoting Management: “We are generally pleased with our accomplishments in fiscal 2012,” said Robert Keane, president and chief executive officer. “We sustained strong annual revenue growth while executing on key strategy initiatives. We delivered earnings above our guidance range for the fourth quarter and fiscal year due to favorability on a number of cost items. In the fourth quarter, we were pleased with revenue performance in North America and Asia Pacific; however, we were disappointed with the deterioration of revenue growth rates in Europe. Over the last two quarters, we have seen lower growth rates in Europe than in North America, which is a break from the past,” continued Keane. “Although we expected near-term revenue headwinds from the implementation of customer-centric user experience improvements, we have been more successful in mitigating these headwinds in North America than in Europe. We continue to believe that Europe has significant potential for us and are targeting improved growth rates over time.”

Key Stats:

The company has enjoyed double-digit year-over-year percentage revenue growth for the past five quarters. Over that span, the company has averaged growth of 25.2%, with the biggest boost coming in the second quarter when revenue rose 28.1% from the year earlier quarter.

The company has now seen net income fall for four quarters in a row. In the third quarter, net income fell 98.8% while the figure fell 6.8% in the second quarter and 24.2% in the first quarter.

The company has now surpassed analyst estimates for four quarters in a row. It beat the mark by 18 cents in the third quarter, by 21 cents in the second quarter, and by 5 cents in the first quarter.

For the fiscal year, the average estimate has moved up from 91 cents a share to 98 cents over the last ninety days.

Stocks with improving earnings metrics are worthy of your extra attention. In fact, “E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our CHEAT SHEET investing framework for this very reason. Don’t waste another minute — click here and get our CHEAT SHEET stock picks now.

(Company fundamentals provided by Xignite Financials. Earnings estimates provided by Zacks)

Don’t Miss These Hot Additional Stories:

Netflix: The GREATEST Head Fake?

Ford Earnings: Revenue TOPS Analyst Estimate, Shares UP>>

Is Cisco Systems Stock a BUY or SELL?