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Noranda Aluminum Holding Earnings Are on Deck

By Seth Jayson - Updated Apr 10, 2017 at 1:48PM

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Checking expectations

Noranda Aluminum Holding (NYSE: NOR) is expected to report Q1 earnings on April 24. Here's what Wall Street wants to see:

The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Noranda Aluminum Holding's revenues will wither -4.0% and EPS will shrink to a loss.

The average estimate for revenue is $339.5 million. On the bottom line, the average EPS estimate is -$0.06.

Revenue details
Last quarter, Noranda Aluminum Holding reported revenue of $332.9 million. GAAP reported sales were 1.7% lower than the prior-year quarter's $338.5 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Last quarter, non-GAAP EPS came in at -$0.12. GAAP EPS of $0.06 for Q4 were 83% lower than the prior-year quarter's $0.35 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
For the preceding quarter, gross margin was 4.4%, 320 basis points worse than the prior-year quarter. Operating margin was -1.0%, 270 basis points worse than the prior-year quarter. Net margin was 1.3%, 590 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $1.44 billion. The average EPS estimate is -$0.07.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 38 members out of 42 rating the stock outperform, and four members rating it underperform. Among eight CAPS All-Star picks (recommendations by the highest-ranked CAPS members), eight give Noranda Aluminum Holding a green thumbs-up, and give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Noranda Aluminum Holding is outperform, with an average price target of $8.64.

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Stocks Mentioned

Noranda Aluminum Holding Corporation Stock Quote
Noranda Aluminum Holding Corporation
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