Rhino Resource Partners
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Rhino Resource Partners met expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue dropped. Non-GAAP earnings per share shrank significantly. GAAP earnings per share expanded significantly.
Margins contracted across the board.
Rhino Resource Partners recorded revenue of $86.5 million. The two analysts polled by S&P Capital IQ anticipated a top line of $87.3 million on the same basis. GAAP reported sales were much higher than the prior-year quarter's $98.0 million.
EPS came in at $0.33. The three earnings estimates compiled by S&P Capital IQ predicted $0.29 per share. Non-GAAP EPS of $0.33 for Q4 were 27% lower than the prior-year quarter's $0.45 per share. GAAP EPS of $331.16 for Q4 were much higher than the prior-year quarter's $0.45 per share.
For the quarter, gross margin was 28.7%, 220 basis points worse than the prior-year quarter. Operating margin was 10.4%, 390 basis points worse than the prior-year quarter. Net margin was 10.8%, 220 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $75.2 million. On the bottom line, the average EPS estimate is $0.22.
Next year's average estimate for revenue is $310.4 million. The average EPS estimate is $0.82.
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 18 members out of 23 rating the stock outperform, and five members rating it underperform. Among six CAPS All-Star picks (recommendations by the highest-ranked CAPS members), three give Rhino Resource Partners a green thumbs-up, and three give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Rhino Resource Partners is hold, with an average price target of $17.50.
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