Natural Resource Partners
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Natural Resource Partners beat expectations on revenues and crushed expectations on earnings per share.
Compared to the prior-year quarter, revenue grew and GAAP earnings per share grew.
Gross margins shrank, operating margins expanded, net margins expanded.
Natural Resource Partners reported revenue of $102.4 million. The six analysts polled by S&P Capital IQ anticipated revenue of $87.5 million on the same basis. GAAP reported sales were the same as the prior-year quarter's.
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 $0.58. The six earnings estimates compiled by S&P Capital IQ predicted $0.41 per share. GAAP EPS were $0.56 for Q4 compared to -$0.13 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 95.1%, 410 basis points worse than the prior-year quarter. Operating margin was 74.0%, 240 basis points better than the prior-year quarter. Net margin was 58.7%, 7,340 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $98.9 million. On the bottom line, the average EPS estimate is $0.50.
Next year's average estimate for revenue is $385.7 million. The average EPS estimate is $1.79.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 366 members out of 392 rating the stock outperform, and 26 members rating it underperform. Among 125 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 117 give Natural Resource Partners a green thumbs-up, and eight give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Natural Resource Partners is outperform, with an average price target of $26.40.
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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 position in any of the stocks mentioned. 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.