Horsehead Holding (Nasdaq: ZINC ) is expected to report Q4 earnings on Feb. 20. 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 Horsehead Holding's revenues will grow 6.4% and EPS will remain in the red.
The average estimate for revenue is $106.8 million. On the bottom line, the average EPS estimate is -$0.05.
Last quarter, Horsehead Holding logged revenue of $100.4 million. GAAP reported sales were 31% lower than the prior-year quarter's $145.8 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 -$0.21. GAAP EPS were -$0.21 for Q3 against $0.52 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 5.9%, 2,820 basis points worse than the prior-year quarter. Operating margin was -5.2%, 3,180 basis points worse than the prior-year quarter. Net margin was -9.1%, 2,490 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $450.2 million. The average EPS estimate is -$0.52.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 728 members out of 745 rating the stock outperform, and 17 members rating it underperform. Among 245 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 244 give Horsehead Holding a green thumbs-up, and one give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Horsehead Holding is buy, with an average price target of $13.80.
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