The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Horsehead Holding's revenues will wane -4.1% and EPS will turn positive
The average estimate for revenue is $112.7 million. On the bottom line, the average EPS estimate is $0.03.
Last quarter, Horsehead Holding recorded revenue of $118.3 million. GAAP reported sales were 6.2% higher than the prior-year quarter's $111.4 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.
Last quarter, EPS came in at $0.06. GAAP EPS were $0.06 for Q1 compared to -$0.19 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.
For the preceding quarter, gross margin was 15.4%, much better than the prior-year quarter. Operating margin was 4.5%, much better than the prior-year quarter. Net margin was 2.4%, 1,000 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $457.4 million. The average EPS estimate is $0.04.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 715 members out of 735 rating the stock outperform, and 20 members rating it underperform. Among 218 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 216 give Horsehead Holding a green thumbs-up, and two give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Horsehead Holding is outperform, with an average price target of $13.83.
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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 recommends Horsehead Holding. The Motley Fool owns shares of Horsehead Holding. 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.