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.
Looking for alternatives to Coeur d'Alene Mines? 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 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.