Thompson Creek Metals
The 10-second takeaway
For the quarter ended March 31 (Q1), Thompson Creek Metals beat expectations on revenues and met expectations on earnings per share.
Compared to the prior-year quarter, revenue shrank. GAAP earnings per share shrank to zero.
Gross margins grew, operating margins grew, net margins dropped.
Thompson Creek Metals logged revenue of $108.7 million. The eight analysts polled by S&P Capital IQ expected sales of $99.2 million on the same basis. GAAP reported sales were the same as the prior-year quarter's.
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 $0.00. The eight earnings estimates compiled by S&P Capital IQ averaged $0.00 per share. GAAP EPS contracted to zero from the prior-year quarter's $0.01.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 36.9%, much better than the prior-year quarter. Operating margin was 15.6%, much better than the prior-year quarter. Net margin was 0.8%, 20 basis points worse than the prior-year quarter. (Margins calculated in GAAP terms.)
Next quarter's average estimate for revenue is $108.3 million. On the bottom line, the average EPS estimate is $0.01.
Next year's average estimate for revenue is $496.9 million. The average EPS estimate is $0.10.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 1,317 members out of 1,348 rating the stock outperform, and 31 members rating it underperform. Among 219 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 215 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 $4.64.
Is Thompson Creek Metals the right metals stock for you? Find out the best way to profit from inflation and gold with a little-known company we profile in, "The Tiny Gold Stock Digging Up Massive Profits." Click here for instant access to this free report.
- Add Thompson Creek Metals to My Watchlist.
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.