Natural Resource Partners
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Natural Resource Partners beat slightly on revenue and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue expanded significantly, and GAAP earnings per share shrank to a loss.
Gross margin dropped, operating margin expanded, and net margin dropped.
Natural Resource Partners reported revenue of $97.7 million. The four analysts polled by S&P Capital IQ foresaw revenue of $95.8 million on the same basis. GAAP reported sales were 26% higher than the prior-year quarter's $77.5 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Non-GAAP EPS came in at $0.52. The six earnings estimates compiled by S&P Capital IQ anticipated $0.48 per share on the same basis. GAAP EPS were -$0.13 for Q4 compared to $0.39 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 95.5%, 360 basis points worse than the prior-year quarter. Operating margin was 72.1%, 360 basis points better than the prior-year quarter. Net margin was -14.7%, 6,950 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $93.8 million. On the bottom line, the average EPS estimate is $0.46.
Next year's average estimate for revenue is $389.8 million. The average EPS estimate is $1.91.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 360 members rating the stock outperform and 20 members rating it underperform. Among 130 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 125 give Natural Resource Partners a green thumbs-up, and five give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Natural Resource Partners is outperform, with an average price target of $36.00.
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Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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