Thompson Creek Metals (NYSE: 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.
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.
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.
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.
The full year's average estimate for revenue is $502.7 million. The average EPS estimate is -$0.12.
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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