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.
Worried about inflation? Interested in gold? Find out the best way to profit in both scenarios 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 Horsehead Holding to My Watchlist.