The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Yamana Gold missed estimates on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue expanded. Non-GAAP earnings per share grew. GAAP earnings per share increased significantly.
Gross margins dropped, operating margins contracted, net margins expanded.
Yamana Gold reported revenue of $629.5 million. The five analysts polled by S&P Capital IQ predicted sales of $673.3 million on the same basis. GAAP reported sales were 11% higher than the prior-year quarter's $568.8 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 $0.26. The 17 earnings estimates compiled by S&P Capital IQ predicted $0.25 per share. Non-GAAP EPS of $0.26 for Q4 were 4.0% higher than the prior-year quarter's $0.25 per share. GAAP EPS of $0.23 for Q4 were 92% higher than the prior-year quarter's $0.12 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 67.1%, 150 basis points worse than the prior-year quarter. Operating margin was 41.6%, 150 basis points worse than the prior-year quarter. Net margin was 26.9%, much better than the prior-year quarter.
Next quarter's average estimate for revenue is $610.5 million. On the bottom line, the average EPS estimate is $0.26.
Next year's average estimate for revenue is $3.03 billion. The average EPS estimate is $1.22.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 3,677 members out of 3,817 rating the stock outperform, and 140 members rating it underperform. Among 630 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 596 give Yamana Gold a green thumbs-up, and 34 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Yamana Gold is outperform, with an average price target of $23.93.
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