Textura Corp Earnings: Here’s Why Investors are Not Excited Now

Textura Corp (NYSE:TXTR) 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. Shares are down 2.91%.

Textura Corp Earnings Cheat Sheet


Revenue: Rose 81.12% to $9.4 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: Textura Corp reported adjusted EPS loss of $0.75 per share. By that measure, the company missed the mean analyst estimate of $-0.58. It beat the average revenue estimate of $9.11 million.

Quoting Management: “We are pleased to be reporting strong results in our first quarter as a public company following the successful completion of our initial public offering in June,” said Patrick Allin, Chairman and CEO of Textura. “We are proud of the hard work and dedication of our employees and excited about the growth prospects for our Company. We continue to penetrate our large addressable market by offering our clients an expanding suite of industry-leading collaboration solutions. Our acquisition of PlanSwift earlier this year further enhances our portfolio with leading-edge tools offering new capabilities to specialty contractors and estimators, and the recent launch of CPM-Business directly addresses the needs of traditionally underserved mid-market owners and contractors.”

Key Stats (on next page)…

Revenue increased 9.94% from $8.55 million in the previous quarter.

Looking Forward: Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a loss of $0 to a loss $0.16. For the current year, the average estimate has moved down from a loss of $0 to a loss of $1.41 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)