Thompson Creek Metals (NYSE: TC ) is expected to report Q3 earnings on Nov. 7. 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's revenues will shrink -30.0% and EPS will shrink to a loss.
The average estimate for revenue is $108.4 million. On the bottom line, the average EPS estimate is -$0.05.
Last quarter, Thompson Creek Metals logged revenue of $113.5 million. GAAP reported sales were 41% lower than the prior-year quarter's $190.9 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at -$0.09. GAAP EPS were -$0.09 for Q2 versus $0.68 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was -1.0%, 5,300 basis points worse than the prior-year quarter. Operating margin was -16.2%, 5,240 basis points worse than the prior-year quarter. Net margin was -13.0%, 7,420 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $453.3 million. The average EPS estimate is -$0.15.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 1,302 members out of 1,334 rating the stock outperform, and 32 members rating it underperform. Among 259 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 257 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 $7.68.
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