Hill International, Inc. (NYSE:HIL) had a loss and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company. Shares are down 1.95%.
Hill International, Inc. Earnings Cheat Sheet
Results: Adjusted Earnings Per Share decreased to $-0.01 in the quarter versus EPS of $-0.17 in the year-earlier quarter.
Revenue: Rose 17.52% to $136.1 million from the year-earlier quarter.
Actual vs. Wall St. Expectations: Hill International, Inc. reported adjusted EPS loss of $0.01 per share. By that measure, the company beat the mean analyst estimate of $-0.03. It beat the average revenue estimate of $117.63 million.
Quoting Management: “We had a much-improved first quarter this year,” said Irvin E. Richter, Hill’s Chairman and Chief Executive Officer. “While the company still had a small loss for the quarter, our strong revenue growth and continued focus on minimizing our overhead costs have our earnings headed in a positive direction,” added Richter.
Key Stats (on next page)…
Revenue increased 8.32% from $125.65 million in the previous quarter. EPS decreased to $-0.01 in the quarter versus EPS of $-0.04 in the previous quarter.
Looking Forward: Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.04 to a profit $0.05. For the current year, the average estimate has moved up from a profit of $0.14 to a profit of $0.17 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)