Coeur d'Alene Mines
The 10-second takeaway
For the quarter ended June 30 (Q2), Coeur d'Alene Mines beat expectations on revenues and missed estimates on earnings per share.
Compared to the prior-year quarter, revenue expanded and GAAP earnings per share contracted significantly.
Margins contracted across the board.
Coeur d'Alene Mines logged revenue of $254.4 million. The four analysts polled by S&P Capital IQ hoped for a top line of $219.9 million on the same basis. GAAP reported sales were 10% higher than the prior-year quarter's $231.1 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 $0.31. The six earnings estimates compiled by S&P Capital IQ predicted $0.34 per share. GAAP EPS of $0.26 for Q2 were 40% lower than the prior-year quarter's $0.43 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 48.1%, 1,370 basis points worse than the prior-year quarter. Operating margin was 18.2%, 860 basis points worse than the prior-year quarter. Net margin was 9.0%, 770 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $258.9 million. On the bottom line, the average EPS estimate is $0.49.
Next year's average estimate for revenue is $968.2 million. The average EPS estimate is $1.75.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 1,365 members out of 1,466 rating the stock outperform, and 101 members rating it underperform. Among 237 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 210 give Coeur d'Alene Mines a green thumbs-up, and 27 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Coeur d'Alene Mines is outperform, with an average price target of $29.67.
Worried about inflation? Interested in gold? Find out the best way to profit in both scenarios a little-known company we profile in, "The Tiny Gold Stock Digging Up Massive Profits." Click here for instant access to this free report.
- Add Coeur d'Alene Mines to My Watchlist.
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. The Motley Fool has no positions in the stocks mentioned above. 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.
More from The Motley Fool
Is Coeur Mining, Inc. (CDE) a Buy?
The gold and silver miner struggled to corral costs in 2017, but is cranking on with exploration activities.
Why Coeur Mining Could Bounce Back After Slumping 17.5% in 2017
Here's what you should make of Coeur Mining's weak performance in 2017.
Why 2017 Was a Year to Forget for Coeur Mining, Inc.
Coeur Mining was among the worst-performing silver mining stocks in 2017, but 2018 could be different.