Coeur d'Alene Mines (NYSE: CDE ) reported earnings on May 9. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended March 31 (Q1), Coeur d'Alene Mines whiffed on revenues and missed estimates on earnings per share.
Compared to the prior-year quarter, revenue contracted significantly. Non-GAAP earnings per share dropped significantly. GAAP earnings per share increased significantly.
Gross margins dropped, operating margins dropped, net margins expanded.
Coeur d'Alene Mines booked revenue of $171.8 million. The four analysts polled by S&P Capital IQ hoped for revenue of $207.1 million on the same basis. GAAP reported sales were 16% lower than the prior-year quarter's $204.6 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 $0.08. The seven earnings estimates compiled by S&P Capital IQ anticipated $0.20 per share. Non-GAAP EPS of $0.08 for Q1 were 83% lower than the prior-year quarter's $0.46 per share. GAAP EPS of $0.14 for Q1 were 250% higher than the prior-year quarter's $0.04 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 45.7%, 850 basis points worse than the prior-year quarter. Operating margin was 6.4%, 10 basis points worse than the prior-year quarter. Net margin was 7.1%, 520 basis points better than the prior-year quarter. (Margins calculated in GAAP terms.)
Next quarter's average estimate for revenue is $226.7 million. On the bottom line, the average EPS estimate is $0.29.
Next year's average estimate for revenue is $954.5 million. The average EPS estimate is $1.18.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 1,350 members out of 1,451 rating the stock outperform, and 101 members rating it underperform. Among 183 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 164 give Coeur d'Alene Mines a green thumbs-up, and 19 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Coeur d'Alene Mines is outperform, with an average price target of $29.20.
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