The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Yamana Gold missed estimates on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue expanded. Non-GAAP earnings per share grew. GAAP earnings per share increased significantly.
Gross margins dropped, operating margins contracted, net margins expanded.
Yamana Gold reported revenue of $629.5 million. The five analysts polled by S&P Capital IQ predicted sales of $673.3 million on the same basis. GAAP reported sales were 11% higher than the prior-year quarter's $568.8 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 $0.26. The 17 earnings estimates compiled by S&P Capital IQ predicted $0.25 per share. Non-GAAP EPS of $0.26 for Q4 were 4.0% higher than the prior-year quarter's $0.25 per share. GAAP EPS of $0.23 for Q4 were 92% higher than the prior-year quarter's $0.12 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 67.1%, 150 basis points worse than the prior-year quarter. Operating margin was 41.6%, 150 basis points worse than the prior-year quarter. Net margin was 26.9%, much better than the prior-year quarter.
Next quarter's average estimate for revenue is $610.5 million. On the bottom line, the average EPS estimate is $0.26.
Next year's average estimate for revenue is $3.03 billion. The average EPS estimate is $1.22.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 3,677 members out of 3,817 rating the stock outperform, and 140 members rating it underperform. Among 630 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 596 give Yamana Gold a green thumbs-up, and 34 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Yamana Gold is outperform, with an average price target of $23.93.
Is Yamana Gold the right gold stock for you? Find out what one TMF analyst thinks is the best way to profit from inflation and gold with 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 Yamana Gold 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 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.