Vistaprint (VPRT) Tops Q4 EPS by 22c; Guides Above the Street
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Vistaprint Nv (NASDAQ: VPRT) reported Q4 EPS of $0.75, $0.22 better than the analyst estimate of $0.53. Revenue for the quarter came in at $338.2 million versus the consensus estimate of $322.53 million.
Vistaprint Nv sees FY2014 EPS of $3.46-$3.96, versus the consensus of $3.28. Vistaprint Nv sees FY2014 revenue of $1.47-1.54 billion, versus the consensus of $1.41 billion.
“Our fourth quarter revenue growth and operating profitability improved meaningfully versus our third quarter results,” said Robert Keane, president and chief executive officer. “Revenue performance improved in the markets in which we had implemented major pricing and marketing changes for the Vistaprint brand in fiscal 2014 – the U.S., UK and Germany. We still have more work to do to improve our results and our customer value proposition around the world, including in those three countries, but we are confident that our efforts will support long-term growth and profitability of our business. Our recent acquisitions of People & Print Group and Pixartprinting grew ahead of our expectations.”
Keane continued, “Our results for the quarter and the full fiscal year reflect good execution against our plan to expand operating profit margins. Yet even as we delivered margin expansion, we also invested heavily in proprietary technology, improvements to product quality and selection, customer service and user experience. As we have for the past several years, we made major investments in our industry-leading manufacturing and supply chain infrastructure, which we believe is an operational asset that can drive long-term scale advantage across our multiple customer-facing brands.”
For earnings history and earnings-related data on Vistaprint Nv (VPRT) click here.
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