Golden Star Resources (AMEX: GSS) reported earnings on Nov. 7. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Sep. 30 (Q3), Golden Star Resources missed estimates on revenues and missed expectations on earnings per share.
Compared to the prior-year quarter, revenue grew and GAAP loss per share grew.
Gross margins dropped, operating margins grew, net margins dropped.
Golden Star Resources booked revenue of $133.5 million. The four analysts polled by S&P Capital IQ looked for revenue of $139.4 million on the same basis. GAAP reported sales were 6.1% higher than the prior-year quarter's $125.9 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 $0.00. The five earnings estimates compiled by S&P Capital IQ forecast $0.03 per share. GAAP EPS were -$0.12 for Q3 against -$0.04 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 quarter, gross margin was 8.2%, 590 basis points worse than the prior-year quarter. Operating margin was 4.3%, 690 basis points better than the prior-year quarter. Net margin was -22.6%, 1,450 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $155.2 million. On the bottom line, the average EPS estimate is $0.07.
Next year's average estimate for revenue is $563.2 million. The average EPS estimate is $0.12.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 806 members out of 874 rating the stock outperform, and 68 members rating it underperform. Among 158 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 144 give Golden Star Resources a green thumbs-up, and 14 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Golden Star Resources is hold, with an average price target of $1.67.
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