Coeur d'Alene Mines Beats on EPS but GAAP Results Lag
Coeur d'Alene Mines (NYS: CDE) reported earnings on May 7. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended March 31 (Q1), Coeur d'Alene Mines missed estimates on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue grew slightly and GAAP earnings per share contracted significantly.
Gross margins expanded, operating margins improved, and net margins dropped.
Coeur d'Alene Mines booked revenue of $204.6 million. The three analysts polled by S&P Capital IQ foresaw revenue of $225.7 million on the same basis. GAAP reported sales were 2.5% higher than the prior-year quarter's $199.6 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.46. The four earnings estimates compiled by S&P Capital IQ predicted $0.28 per share. GAAP EPS of $0.04 for Q1 were 71% lower than the prior-year quarter's $0.14 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 54.2%, 230 basis points better than the prior-year quarter. Operating margin was 21.6%, 810 basis points better than the prior-year quarter. Net margin was 1.9%, 430 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $225.4 million. On the bottom line, the average EPS estimate is $0.36.
Next year's average estimate for revenue is $1.09 billion. The average EPS estimate is $1.91.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 1,352 members out of 1,436 rating the stock outperform, and 84 members rating it underperform. Among 251 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 227 give Coeur d'Alene Mines a green thumbs-up, and 24 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Coeur d'Alene Mines is outperform, with an average price target of $34.34.
Is Coeur d'Alene Mines the right metals stock for you? Find out the best way to profit from inflation and gold with a little-known company we profile in "The Tiny Gold Stock Digging Up Massive Profits." Click here for instant access to this free report.
- Add Coeur d'Alene Mines to My Watchlist.
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.
Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.