MICROS Systems, Inc. (NASDAQ:MCRS) delivered a profit and met 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.
MICROS Systems, Inc. Earnings Cheat Sheet
Results: Adjusted Earnings Per Share decreased 8.82% to $0.62 in the quarter versus EPS of $0.68 in the year-earlier quarter.
Revenue: Rose 8.62% to $328.6 million from the year-earlier quarter.
Actual vs. Wall St. Expectations: MICROS Systems, Inc. reported adjusted EPS income of $0.62 per share. By that measure, the company met the mean analyst estimate of $0.62. It beat the average revenue estimate of $324.9 million.
Quoting Management: Peter A. Altabef, MICROS’s CEO, stated, “We are pleased that we achieved a record year of revenue, net income and earnings per share while continuing our strong investment in talent, product and infrastructure.”
Key Stats (on next page)…
Revenue increased 4.28% from $315.11 million in the previous quarter. EPS were the same at $0.62 as 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 $0.54 and has not changed. For the current year, the average estimate is a profit of $2.39, 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)