A Preview Of Coeur Mining's Earnings
Portfolio Pulse from Benzinga Insights
Coeur Mining (NYSE:CDE) is scheduled to release its quarterly earnings report on February 21, 2024, with analysts expecting an EPS of $0.00. The company's past earnings performance shows a trend of missing EPS estimates, leading to negative stock price reactions. Shares are currently trading at $2.63, reflecting a 15.72% decline over the last 52 weeks. Investors are looking for positive guidance for the next quarter.
February 20, 2024 | 3:01 pm
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NEGATIVE IMPACT
Coeur Mining is expected to announce its quarterly earnings with an anticipated EPS of $0.00. Historical performance shows a pattern of not meeting EPS estimates, negatively impacting its stock price.
Given Coeur Mining's history of missing EPS estimates and the subsequent negative reactions in its stock price, it's likely that any deviation from the expected EPS of $0.00, especially without positive future guidance, could lead to a short-term decline in the stock price. The anticipation and investor sentiment leading up to the earnings report are crucial, as past performance has shown a clear pattern of stock price drops following earnings misses.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100