Trade with Eva: Analytics in action >>

Wednesday, October 26, 2016

=VCA (WOOF) reported earnings on Wed 26 Oct 2016 (b/o)





VCA misses by $0.02, misses on revs; reaffirms FY16 guidance :
  • Reports Q3 (Sep) earnings of $0.79 per share, excluding transaction expenses related to the acquisition of Companion Animal Practices, North America, and acquisition-related amortization expenses, $0.02 worse than the Capital IQ Consensus of $0.81; revenues rose 19.1% year/year to $656.9 mln vs the $668.39 mln Capital IQ Consensus.
  • Co reaffirms guidance for FY16, sees EPS of $2.87-2.97, excluding non-recurring items, vs. $2.94 Capital IQ Consensus Estimate; sees FY16 revs of $2.52-2.54 bln vs. $2.53 bln Capital IQ Consensus Estimate.
  • "We continue to experience healthy organic revenue growth and increasing gross margins in both our core Animal Hospital and Laboratory businesses. Given our results relative to our expectations and our future acquisition pipeline, we remain optimistic with respect to our results for the full year ended Dec 31, 2016."

No comments:

Post a Comment