Can Thompson Creek Metals Beat These Numbers?

Seth Jayson, The Motley Fool
Updated

Thompson Creek Metals (NYS: TC) is expected to report Q2 earnings on Aug. 9. Here's what Wall Street wants to see:

The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Thompson Creek Metals' revenues will compress 42.1% and EPS will shrink to a loss.

The average estimate for revenue is $110.5 million. On the bottom line, the average EPS estimate is -$0.12.


Revenue details
Last quarter, Thompson Creek Metals reported revenue of $113.6 million. GAAP reported sales were 45% lower than the prior-year quarter's $206.7 million.

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

EPS details
Last quarter, EPS came in at $0.01. GAAP EPS of $0.01 for Q1 were 99% lower than the prior-year quarter's $0.73 per share.

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

Recent performance
For the preceding quarter, gross margin was 9.9%, 4,270 basis points worse than the prior-year quarter. Operating margin was -14.5%, 5,120 basis points worse than the prior-year quarter. Net margin was 1.0%, 6,140 basis points worse than the prior-year quarter.

Looking ahead
The full year's average estimate for revenue is $502.7 million. The average EPS estimate is -$0.12.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 1,288 members out of 1,318 rating the stock outperform, and 30 members rating it underperform. Among 232 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 230 give Thompson Creek Metals a green thumbs-up, and two give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Thompson Creek Metals is outperform, with an average price target of $8.86.

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The article Can Thompson Creek Metals Beat These Numbers? originally appeared on Fool.com.

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. The Motley Fool has no positions in the stocks mentioned above. 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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