J2 Global (JCOM) Misses Q1 EPS by 2c, Maintains Guidance

J2 Global (NASDAQ: JCOM) reported Q1 EPS of $0.85, $0.02 worse than the analyst estimate of $0.87. Revenue for the quarter came in at $161.3 million versus the consensus estimate of $158.98 million.

BUSINESS OUTLOOK

The Company reaffirms its fiscal 2015 estimates that it will achieve revenues between $690 and $710 million and Adjusted Non-GAAP earnings per diluted share of between $3.73 and $3.97.

Adjusted Non-GAAP earnings per diluted share for 2015 excludes share-based compensation of between $9 and $11 million, amortization of acquired intangibles and the impact of any currently unanticipated items, in each case net of tax.

It is anticipated that the normalized tax rate for 2015 (exclusive of the release of reserves for uncertain tax positions) will be at the higher end of the provided business outlook range between 27% and 29%

For earnings history and earnings-related data on J2 Global (JCOM) click here.

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