Cloud Peak Energy
The 10-second takeaway
For the quarter ended March 31 (Q1), Cloud Peak Energy missed estimates on revenue and met expectations on earnings per share.
Compared to the prior-year quarter, revenue grew and GAAP earnings per share didn't change.
Margins dropped across the board.
Cloud Peak Energy notched revenue of $372.9 million. The five analysts polled by S&P Capital IQ foresaw net sales of $386.9 million on the same basis. GAAP reported sales were 4.6% higher than the prior-year quarter's $356.5 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 $0.47. The 11 earnings estimates compiled by S&P Capital IQ predicted $0.47 per share. GAAP EPS of $0.44 were the same as 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 24.1%, 260 basis points worse than the prior-year quarter. Operating margin was 13.2%, 190 basis points worse than the prior-year quarter. Net margin was 7.1%, 40 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $386.9 million. On the bottom line, the average EPS estimate is $0.47.
Next year's average estimate for revenue is $1.55 billion. The average EPS estimate is $1.99.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 179 members out of 186 rating the stock outperform, and seven members rating it underperform. Among 41 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 38 give Cloud Peak Energy a green thumbs-up, and three give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Cloud Peak Energy is hold, with an average price target of $23.23.
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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.