Sapient Earnings: Everything You Must Know Now

Sapient Corp. (NASDAQ:SAPE) delivered a profit 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.

Sapient Corp. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share increased 110% to $0.21 in the quarter versus EPS of $0.10 in the year-earlier quarter.

Revenue: Rose 8.72% to $314.3 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: Sapient Corp. reported adjusted EPS income of $0.21 per share. By that measure, the company beat the mean analyst estimate of $0.11. It beat the average revenue estimate of $305.6 million.

Quoting Management: “We are very pleased with Sapient’s strong performance in the second quarter,” said Sapient Chief Executive Officer and Co-Chairman Alan J. Herrick. “All three business units posted good growth and are positioned to have a solid second half of 2013.”

Key Stats (on next page)…

Revenue increased 3.74% from $302.98 million in the previous quarter. EPS increased 320% from $0.05 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 $0.15 and has not changed. For the current year, the average estimate has moved down from a profit of $0.54 to a profit of $0.49 over the last ninety days.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)

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