Hecla Mining (NYSE: HL ) is expected to report Q3 earnings on Nov. 6. 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 Hecla Mining's revenues will decrease -36.8% and EPS will wither -66.7%.
The average estimate for revenue is $76.2 million. On the bottom line, the average EPS estimate is $0.04.
Last quarter, Hecla Mining chalked up revenue of $67.0 million. GAAP reported sales were 43% lower than the prior-year quarter's $117.9 million.
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 $0.02. GAAP EPS of $0.01 for Q2 were 91% lower than the prior-year quarter's $0.11 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 50.5%, 1,650 basis points worse than the prior-year quarter. Operating margin was 18.5%, 2,880 basis points worse than the prior-year quarter. Net margin was 3.8%, 2,450 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $327.7 million. The average EPS estimate is $0.16.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 1,272 members out of 1,337 rating the stock outperform, and 65 members rating it underperform. Among 261 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 241 give Hecla Mining a green thumbs-up, and 20 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 $5.96.
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