Earnings season is now starting to wind down, with most companies already having reported their quarterly results. But there are still some companies left to report, and Stillwater Mining Company (NYSE:SWC) is about to release its quarterly earnings. The key to making smart investment decisions with stocks releasing their quarterly reports is to anticipate how they’ll do before they announce results, leaving you fully prepared to respond quickly to whatever inevitable surprises arise. That way, you’ll be less likely to make an uninformed knee-jerk reaction to news that turns out to be exactly the wrong move.
Gold and silver get all the attention in the precious-metals world, yet platinum and palladium are far scarcer, and Stillwater Mining is the only U.S. source for platinum-group metals. Is the company taking full advantage of its enviable situation? Let’s take an early look at what’s been happening with Stillwater Mining over the past quarter and what we’re likely to see in its quarterly report on Wednesday.
Stats on Stillwater Mining
|Analyst EPS Estimate||$0.05|
|Change From Year-Ago EPS||(72%)|
|Revenue Estimate||$217.7 million|
|Change From Year-Ago Revenue||(16%)|
|Earnings Beats in Past 4 Quarters||3|
Will Stillwater Mining be white-hot for white-metal investors?
Analysts have had mixed feelings about Stillwater’s earnings lately, raising their estimates for the just-ended quarter by a penny per share but cutting back on full-year 2013 earnings calls. The stock is up nearly 15% since mid-November, although it has pulled back sharply in just the past week.
So far in 2013, platinum-group metals have seen a lot more buying interest than other precious metals, reversing the usual trend of gold and silver getting the lion’s share of investor attention. Inflows into bullion ETFS Physical Platinum Shares (NYSEARCA:PPLT) and ETFS Physical Palladium Shares (NYSEARCA:PALL) have reflected the increased interest in the white metals, which get used for a variety of industrial applications, most notably automobile pollution-control devices. That has in turn driven analyst interest, with an upgrade for Stillwater having come earlier in the month.