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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