Pan American Silver (Nasdaq: PAAS ) is expected to report Q3 earnings on Nov. 7. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Pan American Silver's revenues will increase 15.9% and EPS will contract -23.8%.
The average estimate for revenue is $255.7 million. On the bottom line, the average EPS estimate is $0.32.
Last quarter, Pan American Silver logged revenue of $200.6 million. GAAP reported sales were 13% lower than the prior-year quarter's $231.9 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at $0.23. GAAP EPS of $0.23 for Q2 were 78% lower than the prior-year quarter's $1.04 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 40.2%, 1,980 basis points worse than the prior-year quarter. Operating margin was 20.9%, 2,490 basis points worse than the prior-year quarter. Net margin was 21.9%, 2,670 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $976.3 million. The average EPS estimate is $1.38.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 1,113 members out of 1,177 rating the stock outperform, and 64 members rating it underperform. Among 265 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 244 give Pan American Silver a green thumbs-up, and 21 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Pan American Silver is hold, with an average price target of $25.82.
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