Thompson Creek Metals
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Thompson Creek Metals missed estimates on revenues and missed expectations on earnings per share.
Compared to the prior-year quarter, revenue dropped. GAAP earnings per share.
Gross margins expanded, operating margins grew, net margins contracted.
Thompson Creek Metals notched revenue of $99.4 million. The eight analysts polled by S&P Capital IQ anticipated a top line of $105.5 million on the same basis. GAAP reported sales were 15% lower than the prior-year quarter's $116.7 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 -$2.87. The 10 earnings estimates compiled by S&P Capital IQ predicted -$0.05 per share. GAAP EPS were -$2.87 for Q4 versus $0.00 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 30.4%, much better than the prior-year quarter. Operating margin was -10.5%, 500 basis points better than the prior-year quarter. Net margin was -487.3%, much worse than the prior-year quarter.
Next quarter's average estimate for revenue is $124.8 million. On the bottom line, the average EPS estimate is $0.04.
Next year's average estimate for revenue is $542.8 million. The average EPS estimate is $0.18.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 1,305 members out of 1,334 rating the stock outperform, and 29 members rating it underperform. Among 259 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 255 give Thompson Creek Metals a green thumbs-up, and four give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Thompson Creek Metals is hold, with an average price target of $4.34.
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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.