The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Yamana Gold missed estimates on revenue and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue expanded and GAAP earnings per share shrank significantly.
Gross margin increased, operating margin grew, and net margin dropped.
Yamana Gold booked revenue of $568.8 million. The five analysts polled by S&P Capital IQ predicted a top line of $612.8 million on the same basis. GAAP reported sales were 6.3% higher than the prior-year quarter's $535.1 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 $0.25. The 11 earnings estimates compiled by S&P Capital IQ predicted $0.24 per share on the same basis. GAAP EPS of $0.12 for Q4 were 45% lower than the prior-year quarter's $0.22 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 68.6%, 190 basis points better than the prior-year quarter. Operating margin was 44.5%, 370 basis points better than the prior-year quarter. Net margin was 15.8%, 1,420 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $624.2 million. On the bottom line, the average EPS estimate is $0.25.
Next year's average estimate for revenue is $2.62 billion. The average EPS estimate is $1.27.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 3,707 members out of 3,841 rating the stock outperform, and 134 members rating it underperform. Among 886 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 862 give Yamana Gold a green thumbs-up, and 24 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 $19.60.
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