Silver Wheaton (NYS: SLW) reported earnings on May 10. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended March 31 (Q1), Silver Wheaton whiffed on revenues and missed estimates on earnings per share.
Compared to the prior-year quarter, revenue increased. GAAP earnings per share shrank.
Margins shrank across the board.
Silver Wheaton booked revenue of $205.8 million. The five analysts polled by S&P Capital IQ expected revenue of $243.4 million on the same basis. GAAP reported sales were the same as the prior-year quarter's.
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 $0.37. The 11 earnings estimates compiled by S&P Capital IQ predicted $0.41 per share. GAAP EPS of $0.37 for Q1 were 9.8% lower than the prior-year quarter's $0.41 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 85.2%, 230 basis points worse than the prior-year quarter. Operating margin was 68.6%, 690 basis points worse than the prior-year quarter. Net margin was 64.8%, 890 basis points worse than the prior-year quarter. (Margins calculated in GAAP terms.)
Next quarter's average estimate for revenue is $230.0 million. On the bottom line, the average EPS estimate is $0.35.
Next year's average estimate for revenue is $937.9 million. The average EPS estimate is $1.51.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 2,663 members out of 2,773 rating the stock outperform, and 110 members rating it underperform. Among 403 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 379 give Silver Wheaton 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 Silver Wheaton is outperform, with an average price target of $47.59.
Looking for alternatives to Silver Wheaton? It takes more than great companies to build a fortune for the future. Learn the basic financial habits of millionaires next door and get focused stock ideas in our free report, "3 Stocks That Will Help You Retire Rich." Click here for instant access to this free report.
Add Silver Wheaton to My Watchlist.
The article Silver Wheaton Whiffs on Revenues 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 position in any of the stocks mentioned. 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 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.