Lifevantage Corporation (NASDAQ:LFVN) had a loss and missed Wall Street’s expectations, BUT beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company.
Lifevantage Corporation Earnings Cheat Sheet
Revenue: Rose 15.47% to $51.5 million from the year-earlier quarter.
Actual vs. Wall St. Expectations: Lifevantage Corporation reported adjusted EPS of $0 per share. By that measure, the company missed the mean analyst estimate of $0.04.
Quoting Management: Douglas C. Robinson, President and Chief Executive Officer of LifeVantage, stated, “In the fourth quarter, we focused on taking the necessary steps to position our business for future revenue growth and improved profitability. For the full year fiscal 2013, we delivered solid revenue growth of 65% over the prior year and increased our total number of active independent distributors and preferred customers as compared to the prior fiscal year.”
Key Stats (on next page)…
Revenue increased 2.24% from $50.37 million in the previous quarter. EPS were the same at $0.00 in the quarter as EPS of $0.00 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 $0.05 and has not changed. For the current year, the average estimate is a profit of $0.18, which is the same with that ninety days ago.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)