Will Cliffs Natural Resources Beat These Analyst Estimates?
Cliffs Natural Resources (NYS: CLF) is expected to report Q4 earnings on Feb. 13. 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 Cliffs Natural Resources's revenues will contract -7.7% and EPS will contract -57.7%.
The average estimate for revenue is $1.53 billion. On the bottom line, the average EPS estimate is $0.60.
Last quarter, Cliffs Natural Resources chalked up revenue of $1.54 billion. GAAP reported sales were 26% lower than the prior-year quarter's $2.09 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.61. GAAP EPS of $0.59 for Q3 were 86% lower than the prior-year quarter's $4.15 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 12.8%, 2,810 basis points worse than the prior-year quarter. Operating margin was 4.9%, 3,480 basis points worse than the prior-year quarter. Net margin was 5.5%, 2,330 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $5.94 billion. The average EPS estimate is $3.72.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 1,526 members out of 1,588 rating the stock outperform, and 62 members rating it underperform. Among 345 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 332 give Cliffs Natural Resources a green thumbs-up, and 13 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Cliffs Natural Resources is hold, with an average price target of $52.26.
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The article Will Cliffs Natural Resources Beat These Analyst Estimates? 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.
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