Rhino Resource Partners Beats Analyst Estimates on EPS

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Rhino Resource Partners (NYS: RNO) reported earnings yesterday. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Rhino Resource Partners missed estimates on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue improved significantly, and GAAP earnings per share grew.

Gross margins improved, operating margins grew, and net margins shrank.

Revenue details
Rhino Resource Partners tallied revenue of $101 million. The three analysts polled by S&P Capital IQ expected to see sales of $103.2 million on the same basis. GAAP reported sales were 41% higher than the prior-year quarter's $71.9 million.

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Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Non-GAAP EPS came in at $0.45. The four earnings estimates compiled by S&P Capital IQ averaged $0.38 per share on the same basis. GAAP EPS were $0.23 for Q4 compared to -$0.78 per share for the prior-year quarter.

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Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 30%, 280 basis points better than the prior-year quarter. Operating margin was 13.8%, 700 basis points better than the prior-year quarter. Net margin was 12.6%, 1,030 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $100.1 million. On the bottom line, the average EPS estimate is $0.45.

Next year's average estimate for revenue is $414.6 million. The average EPS estimate is $1.83.

Investor sentiment
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Rhino Resource Partners is outperform, with an average price target of $27.25.

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At the time this article was published Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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