Celadon Group Earnings: Everything You Must Know Now

Celadon Group Inc. (NYSE:CGI) delivered a profit and missed Wall Street’s expectations, AND came up short on beating the revenue expectation. The revenue miss is a negative sign to shareholders seeking high growth out of the company.

Markets are at 5-year highs! Discover the best stocks to own. Click here for our fresh Feature Stock Pick now!

Celadon Group Inc. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share decreased 24% to $0.19 in the quarter versus EPS of $0.25 in the year-earlier quarter.

Revenue: Decreased 2.4% to $149.63 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: Celadon Group Inc. reported adjusted EPS income of $0.19 per share. By that measure, the company missed the mean analyst estimate of $0.26. It missed the average revenue estimate of $151.68 million.

Quoting Management: Paul Will, President and Chief Executive Officer, made the following comments: “The quarter was impacted by several factors when compared with prior year. Due to leap year in 2012 and an early Easter in 2013, there were basically two fewer business days. In addition, winter weather storms in 2013 resulted in decreased availability for freight movements compared with the prior year. Our benefits expense related to medical claims negatively impacted the 2013 quarter by approximately three cents in earnings per share compared with prior year due to some unusually high medical claims that were incurred in the quarter.”

Key Stats (on next page)…

Revenue increased 1.03% from $148.11 million in the previous quarter. EPS decreased 40.63% from $0.32 in the previous quarter.

Looking Forward: Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.39 and has not changed. For the current year, the average estimate has moved down from a profit of $1.37 to a profit of $1.35 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. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)