Allied Nevada Gold Corp Earnings Preview: Can This Streak Finally End?

Allied Nevada Gold Corp (AMEX:ANV) will report earnings before markets open on Monday, May 6th. Allied Nevada Gold Corporation evaluates, acquires, explores, and advances gold exploration and potential development projects. The Company’s holdings include projects in Nevada, California, Idaho and Colorado in the United States, as well as Bolivia, Mexico, Indonesia and Australia.

Here is your Cheat Sheet to Allied Nevada Gold Corp Earnings:

Earnings Expectations: Analysts expect earnings of $0.05 per share on revenues of $82.08 million. Currently, the company’s P/E ratio stands at 20.10.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.27 to a profit $0.17. For the current year, the average estimate is a profit of $1.07, which is worse than the estimate ninety days ago.

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Earnings Trends:

Here’s how Allied Nevada Gold Corp has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 0.00 43.20 130.93 152.03 214.56
Diluted EPS ($) -1.49 0.13 0.41 0.40 0.52

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 36.88 39.22 33.67 64.83 76.84
Diluted EPS ($) 0.1998 0.13 0.07 0.15 0.1773

Past Performance:
Allied Nevada Gold Corp has missed analyst estimates 4 times in the past four quarters. Shareholders could expect a bust if the company misses estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)