The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Stillwater Mining missed estimates on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue shrank significantly. GAAP earnings per share shrank significantly.
Gross margins grew, operating margins increased, net margins contracted.
Stillwater Mining chalked up revenue of $203.4 million. The three analysts polled by S&P Capital IQ predicted a top line of $217.7 million on the same basis. GAAP reported sales were 22% lower than the prior-year quarter's $259.7 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 $0.13. The five earnings estimates compiled by S&P Capital IQ anticipated $0.07 per share. GAAP EPS of $0.13 for Q4 were 38% lower than the prior-year quarter's $0.21 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 23.5%, 200 basis points better than the prior-year quarter. Operating margin was 9.6%, 150 basis points better than the prior-year quarter. Net margin was 8.3%, 120 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $232.8 million. On the bottom line, the average EPS estimate is $0.07.
Next year's average estimate for revenue is $912.6 million. The average EPS estimate is $0.49.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 625 members out of 674 rating the stock outperform, and 49 members rating it underperform. Among 137 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 124 give Stillwater Mining a green thumbs-up, and 13 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Stillwater Mining is outperform, with an average price target of $13.76.
Looking for alternatives to Stillwater Mining? It takes more than great companies to build a fortune for the future. Learn the basic financial habits of millionaires next door and get focused stock ideas in our free report, "3 Stocks That Will Help You Retire Rich." Click here for instant access to this free report.
- Add Stillwater Mining to My Watchlist.