NASDAQ$NRC

NRC Health · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Announced fourth quarter and calendar year 2021 results, showing revenue and operating income growth.

National Research Corporation reported a 10% increase in revenue to $38.3 million and a 26% increase in operating income to $12.9 million for Q4 2021 compared to Q4 2020. The operating income margin increased to 34% of revenue. The company also launched its Human Understanding Program.

  • Revenue increased 10% to $38.3 million in Q4 2021.
  • Operating Income increased 26% to $12.9 million.
  • Operating Income margin increased to 34% of revenue, up from 29%.
  • Launched NRC’s Health’s Human Understanding Program.

Headline financials

Total Revenue

$38.3M

Previous: $34.8M+10.1%
EPS (adj)

$0.38

Previous: $0.32+18.8%
Capital Expenditures

$1.72M

Previous: $1.55M+10.8%
Free Cash Flow

$10.4M

Previous: $14.7M-29.4%
Net Income

$9.6M

Previous: $8.2M+17.1%
Operating Income

$12.9M

Previous: $10.2M+26.5%
Gross Profit

$24.1M

Previous: $22M+9.9%
Cash & Equivalents

$44.8M

Previous: $34.7M+29.1%
Total Assets

$291M

Previous: $133M+118.0%
Stock-Based Comp

$348K

Previous: -$67K+619.4%

Revenue & EPS history

NRC · Revenue · Quarterly

$38.3M

Q4 2021+10.1%vs Q4 2020
Beat estimate in 7 of 8 quarters(88%)
ActualEstimate

Forward guidance

The company's growth strategy focuses on organic growth levers of increasing revenue from core offerings, including the new Human Understanding Program, within its existing client base, as well as adding new clients to increase market share. The company also utilized its strong cash flow from operations to continue its quarterly dividend and fund share repurchases in the fourth quarter.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2021

Historical avgQ4 2021

-0.9%

Avg return

Earnings day

-0.9%

Avg return

5 days after

-0.3%

Avg return

30 days after

54%

28 / 52 earnings

Positive

+16.1%

Q3 2025

Best reaction

-19.9%

Q4 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.6%+7.9%+16.0%
Q4 2025-19.9%-27.2%-35.9%
Q3 2025+16.1%+17.0%+51.2%
Q2 2025+2.1%+4.8%+6.7%
Q1 2025+7.0%+7.6%+20.2%
Q4 2024-11.9%-11.0%-22.6%
Q3 2024+2.6%-2.1%+4.5%
Q2 2024-11.7%-9.3%-7.2%
Q1 2024-15.3%-11.6%-23.7%
Q4 2023+2.2%+0.6%+1.7%
Q3 2023-1.9%-0.3%-1.1%
Q2 2023+2.2%-0.4%-2.6%
Q1 2023-8.3%-5.2%-1.2%
Q4 2022+4.8%+5.3%-1.8%
Q3 2022-13.5%-8.3%-3.5%
Q2 2022-4.1%-7.4%-12.8%
Q1 2022-5.3%-3.6%+5.0%
Q4 2021-1.5%-4.5%-4.7%
Q3 2021+6.7%+6.7%-8.1%
Q2 2021-0.8%-0.2%+1.6%
Q1 2021-10.2%-5.1%-7.0%
Q4 2020-0.7%-3.9%+0.3%
Q3 2020+1.8%-0.1%-7.8%
Q2 2020-4.1%-1.0%-3.0%
Q1 2020+4.6%+10.3%+12.7%
Q4 2019+0.3%+1.8%-36.0%
Q3 2019-0.4%+0.2%+7.5%
Q2 2019+3.0%+2.6%+1.0%
Q1 2019+7.1%+13.1%+26.5%
Q4 2018+0.6%+2.7%+0.2%
Q3 2018+3.5%+2.4%+4.8%
Q2 2018-0.3%-0.3%+2.4%
Q1 2018+7.3%+5.5%+5.4%
Q4 2017-7.4%-7.9%-9.7%
Q3 2017-10.1%-11.5%-7.7%
Q2 2017+0.9%+1.7%+9.9%
Q1 2017+0.8%-3.4%-3.0%
Q4 2016-3.0%-4.9%+0.5%
Q3 2016-4.6%-1.0%+5.2%
Q2 2016+0.3%+2.3%+2.2%
Q1 2016+2.0%
Q4 2015+0.6%
Q3 2015+1.5%
Q2 2015-2.4%
Q1 2015+1.3%
Q4 2014-0.8%
Q3 2014+0.9%
Q2 2014+3.8%
Q1 2014+3.9%
Q4 2013+5.1%
Q3 2013+1.0%
Q2 2013-1.2%
Q1 2013
Q4 2012
Q2 2010
Q3 2012
Q2 2012
Q1 2012
Q4 2011
Q1 2011
Q3 2011
Q3 2010
Q4 2009
Q2 2011
Q4 2010
Q1 2010

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