Coeur d'Alene Mines
The 10-second takeaway
For the quarter ended June 30 (Q2), Coeur d'Alene Mines beat expectations on revenues and missed estimates on earnings per share.
Compared to the prior-year quarter, revenue expanded and GAAP earnings per share contracted significantly.
Margins contracted across the board.
Coeur d'Alene Mines logged revenue of $254.4 million. The four analysts polled by S&P Capital IQ hoped for a top line of $219.9 million on the same basis. GAAP reported sales were 10% higher than the prior-year quarter's $231.1 million.
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 $0.31. The six earnings estimates compiled by S&P Capital IQ predicted $0.34 per share. GAAP EPS of $0.26 for Q2 were 40% lower than the prior-year quarter's $0.43 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 48.1%, 1,370 basis points worse than the prior-year quarter. Operating margin was 18.2%, 860 basis points worse than the prior-year quarter. Net margin was 9.0%, 770 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $258.9 million. On the bottom line, the average EPS estimate is $0.49.
Next year's average estimate for revenue is $968.2 million. The average EPS estimate is $1.75.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 1,365 members out of 1,466 rating the stock outperform, and 101 members rating it underperform. Among 237 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 210 give Coeur d'Alene Mines a green thumbs-up, and 27 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Coeur d'Alene Mines is outperform, with an average price target of $29.67.
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