Golden Star Resources
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Golden Star Resources met expectations on revenue and exceeded expectations on earnings per share.
Compared to the prior-year quarter, revenue expanded and GAAP earnings per share grew.
Margins grew across the board.
Golden Star Resources notched revenue of $118.8 million. The four analysts polled by S&P Capital IQ predicted a top line of $118.5 million on the same basis. GAAP reported sales were 13% higher than the prior-year quarter's $105.5 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 $0.03. The six earnings estimates compiled by S&P Capital IQ predicted $0.00 per share. GAAP EPS were $0.03 for Q4 versus -$0.07 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 10.8%, 1,530 basis points better than the prior-year quarter. Operating margin was 4.3%, 1,300 basis points better than the prior-year quarter. Net margin was 6.1%, 2,310 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $142.2 million. On the bottom line, the average EPS estimate is $0.03.
Next year's average estimate for revenue is $626.3 million. The average EPS estimate is $0.26.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 809 members out of 861 rating the stock outperform, and 52 members rating it underperform. Among 192 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 185 give Golden Star Resources a green thumbs-up, and seven give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Golden Star Resources is hold, with an average price target of $2.78.
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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.