The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Goldcorp's revenues will expand 5.8% and EPS will contract -17.5%.
The average estimate for revenue is $1.38 billion. On the bottom line, the average EPS estimate is $0.47.
Last quarter, Goldcorp booked revenue of $1.11 billion. GAAP reported sales were 16% lower than the prior-year quarter's $1.32 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.41. GAAP EPS of $0.26 for Q2 were 50% lower than the prior-year quarter's $0.52 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 58.2%, 310 basis points worse than the prior-year quarter. Operating margin was 43.6%, 370 basis points worse than the prior-year quarter. Net margin was 24.1%, 1,290 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $5.39 billion. The average EPS estimate is $1.92.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 2,157 members out of 2,301 rating the stock outperform, and 144 members rating it underperform. Among 453 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 417 give Goldcorp a green thumbs-up, and 36 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Goldcorp is outperform, with an average price target of $57.00.
Looking for alternatives to Goldcorp? It takes more than great companies to build a fortune for the future. Learn the basic financial habits of millionaires next door and get focused stock ideas in our free report, "3 Stocks That Will Help You Retire Rich." Click here for instant access to this free report.
- Add Goldcorp 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
Why Goldcorp, Blackhawk Network Holdings, and Smart & Final Stores Jumped Today
Find out which of these companies is going private.
Is Goldcorp Inc. a Buy in 2018?
The company is kicking off an ambitious five-year plan that could be great for investors -- if it works.
Why MercadoLibre, CenturyLink, and Goldcorp Jumped Today
Find out which stocks benefited from the Fed's interest rate decision.