NeuStar, Inc. (NYSE:NSR) delivered a profit and beat Wall Street’s expectations, BUT came up short on beating the revenue expectation. The revenue miss is a negative sign to shareholders seeking high growth out of the company.
NeuStar, Inc. Earnings Cheat Sheet
Results: Adjusted Earnings Per Share increased 25% to $0.8 in the quarter versus EPS of $0.64 in the year-earlier quarter.
Revenue: Rose 8.43% to $216.4 million from the year-earlier quarter.
Actual vs. Wall St. Expectations: NeuStar, Inc. reported adjusted EPS income of $0.8 per share. By that measure, the company beat the mean analyst estimate of $0.79. It missed the average revenue estimate of $217.38 million.
Quoting Management: “In the first quarter, we made progress on each of our 2013 priorities,” said Lisa Hook, Neustar’s president and chief executive officer. “We submitted our proposal for the NPAC contract in early April, and we remain confident in our ability to provide world class service to the communications industry. In addition, we continued to implement our strategy through targeted investments in our people and platforms, while identifying and executing on significant growth opportunities.”
Key Stats (on next page)…
Revenue increased 1.04% from $214.17 million in the previous quarter. EPS increased 6.67% from $0.75 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 $0.79 to a profit $0.81. For the current year, the average estimate has moved up from a profit of $3.21 to a profit of $3.34 over the last ninety days.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)