The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Stillwater Mining crushed expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue expanded significantly, and GAAP earnings per share grew significantly.
Margins contracted across the board.
Stillwater Mining logged revenue of $259.7 million. The three analysts polled by S&P Capital IQ foresaw a top line of $179.9 million on the same basis. GAAP reported sales were 79% higher than the prior-year quarter's $144.7 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 $0.21. The four earnings estimates compiled by S&P Capital IQ predicted $0.14 per share. GAAP EPS of $0.21 for Q4 were 31% higher than the prior-year quarter's $0.16 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 21.5%, 1,210 basis points worse than the prior-year quarter. Operating margin was 8.1%, 410 basis points worse than the prior-year quarter. Net margin was 9.5%, 190 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $194.2 million. On the bottom line, the average EPS estimate is $0.19.
Next year's average estimate for revenue is $840.9 million. The average EPS estimate is $0.92.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 620 members rating the stock outperform and 46 members rating it underperform. Among 182 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 174 give Stillwater Mining a green thumbs-up, and eight give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Stillwater Mining is outperform, with an average price target of $17.50.
Is Stillwater Mining the right metals stock for you? Find out the best way to profit from inflation and gold with a little-known company we profile in, "The Tiny Gold Stock Digging Up Massive Profits." Click here for instant access to this free report.
- Add Stillwater Mining to My Watchlist.
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.