Hecla Mining (NYSE: HL ) is expected to report Q2 earnings on Aug. 7. Here's what Wall Street wants to see.
The 10-second takeaway
Comparing the upcoming quarter with the prior-year quarter, average analyst estimates predict Hecla Mining's revenues will drop -31.8% and EPS will wane -63.6%.
The average estimate for revenue is $80.4 million. On the bottom line, the average EPS estimate is $0.04.
Revenue details
Last quarter, Hecla Mining logged revenue of $91.2 million. GAAP reported sales were 33% lower than the prior-year quarter's $136.4 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, non-GAAP EPS came in at $0.06. GAAP EPS of $0.04 for Q1 were 73% lower than the prior-year quarter's $0.15 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 63.5%, 380 basis points worse than the prior-year quarter. Operating margin was 31.3%, 1,840 basis points worse than the prior-year quarter. Net margin was 13.8%, 1,800 basis points worse than the prior-year quarter.
Looking ahead
The full year's average estimate for revenue is $366.5 million. The average EPS estimate is $0.23.
Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 1,283 members out of 1,348 rating the stock outperform, and 65 members rating it underperform. Among 227 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 202 give Hecla Mining a green thumbs-up, and 25 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Hecla Mining is hold, with an average price target of $6.51.
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