Golden Star Resources
The 10-second takeaway
For the quarter ended March 31 (Q1), Golden Star Resources missed estimates on revenues and missed expectations on earnings per share.
Compared with the prior-year quarter, revenue increased and GAAP earnings per share increased.
Gross margins expanded, operating margins shrank, net margins expanded.
Golden Star Resources logged revenue of $131.0 million. The four analysts polled by S&P Capital IQ foresaw net sales of $140.9 million on the same basis. GAAP reported sales were 12% higher than the prior-year quarter's $116.5 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 $0.00. The six earnings estimates compiled by S&P Capital IQ forecast $0.02 per share. GAAP EPS of $0.04 for Q1 were 100% higher than the prior-year quarter's $0.02 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 9.0%, 380 basis points better than the prior-year quarter. Operating margin was 2.8%, 760 basis points worse than the prior-year quarter. Net margin was 7.0%, 190 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $156.5 million. On the bottom line, the average EPS estimate is $0.05.
Next year's average estimate for revenue is $607.5 million. The average EPS estimate is $0.17.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 813 members out of 865 rating the stock outperform, and 52 members rating it underperform. Among 142 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 132 give Golden Star Resources a green thumbs-up, and 10 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 $2.46.
Is Golden Star Resources 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." Get instant access to this free report.
- Add Golden Star Resources to My Watchlist.
Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings. He is the 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 don't 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.