Seeking Alpha

Stillwater Mining (SWC): Q3 EPS of $0.11 beats by $0.06. Revenue of $181M (-28.7% Y/Y) misses by...

Stillwater Mining (SWC): Q3 EPS of $0.11 beats by $0.06. Revenue of $181M (-28.7% Y/Y) misses by $40M. (PR)
Comments (2)
  • What will the revenue miss mean to the share price on the open of the market?
    30 Oct 2012, 12:51 PM Reply Like
  • Hollowell:

     

    The revenue miss is nothing. You will miss $40M if revenue if a revenue for the quarter that should have been recognized on Sep. 31 ended up being recognized on Oct. 1. Why would that be a problem? The revenue miss does not mean the production is down or things like that. It's just a timing glitch.

     

    The earnings beat is what is meaningful. The earnings beat is great for SWC.
    30 Oct 2012, 03:51 PM Reply Like
DJIA (DIA) S&P 500 (SPY)