The 10-second takeaway
For the quarter ended March 31 (Q1), Yamana Gold missed estimates on revenues and missed estimates on earnings per share.
Compared to the prior-year quarter, revenue expanded significantly and GAAP earnings per share expanded.
Margins shrank across the board.
Yamana Gold logged revenue of $559.7 million. The four analysts polled by S&P Capital IQ expected a top line of $608.2 million on the same basis. GAAP reported sales were 18% higher than the prior-year quarter's $476.1 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 $0.25. The 10 earnings estimates compiled by S&P Capital IQ predicted $0.26 per share. GAAP EPS of $0.23 for Q1 were 15% higher than the prior-year quarter's $0.20 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 65.7%, 130 basis points worse than the prior-year quarter. Operating margin was 40.2%, 160 basis points worse than the prior-year quarter. Net margin was 30.4%, 70 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $652.6 million. On the bottom line, the average EPS estimate is $0.28.
Next year's average estimate for revenue is $2.61 billion. The average EPS estimate is $1.16.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 3,713 members rating the stock outperform and 138 members rating it underperform. Among 709 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 678 give Yamana Gold a green thumbs-up, and 31 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 $21.05.
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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.