Coeur d'Alene Mines
The 10-second takeaway
For the quarter ended Sep. 30 (Q3), Coeur d'Alene Mines missed estimates on revenues and missed estimates on earnings per share.
Compared to the prior-year quarter, revenue dropped significantly and GAAP earnings per share dropped to a loss.
Margins shrank across the board.
Coeur d'Alene Mines logged revenue of $230.6 million. The four analysts polled by S&P Capital IQ expected a top line of $252.8 million on the same basis. GAAP reported sales were 33% lower than the prior-year quarter's $343.6 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 $0.29. The eight earnings estimates compiled by S&P Capital IQ forecast $0.41 per share. GAAP EPS were -$0.18 for Q3 versus $0.35 per share for 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 45.7%, 1,220 basis points worse than the prior-year quarter. Operating margin was 15.3%, 590 basis points worse than the prior-year quarter. Net margin was -6.9%, 1,590 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $286.4 million. On the bottom line, the average EPS estimate is $0.61.
Next year's average estimate for revenue is $987.5 million. The average EPS estimate is $1.62.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 1,366 members out of 1,468 rating the stock outperform, and 102 members rating it underperform. Among 262 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 241 give Coeur d'Alene Mines a green thumbs-up, and 21 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 $29.88.
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