Jaguar Mining Whiffs on Revenues
Jaguar Mining (NYS: JAG) reported earnings on March 22. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Jaguar Mining whiffed on both revenue and expectations for earnings per share.
Compared to the prior-year quarter, revenue expanded significantly and GAAP loss per share increased.
Margins dropped across the board.
Jaguar Mining tallied revenue of $57.4 million. The one analyst polled by S&P Capital IQ wanted to see net sales of $66.0 million on the same basis. GAAP reported sales were 29% higher than the prior-year quarter's $44.6 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Non-GAAP EPS came in at -$0.10. The one earnings estimate gathered by S&P Capital IQ was -$0.01 per share on the same basis. GAAP EPS were -$0.40 for Q4, versus -$0.09 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 25.1%, 490 basis points worse than the prior-year quarter. Operating margin was -20.4%, 460 basis points worse than the prior-year quarter. Net margin was -58.6%, 3,730 basis points worse than the prior-year quarter.
On the bottom line, the average EPS estimate is $0.13.
Next year's average estimate for revenue is $312.8 million. The average EPS estimate is $0.34.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 469 members rating the stock outperform and 37 members rating it underperform. Among 119 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 110 give Jaguar Mining a green thumbs-up, and nine give it a red thumbs-down.
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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. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. Try any of our Foolish newsletter services free for 30 days.