Earnings Outlook For McEwen Mining
Portfolio Pulse from Benzinga Insights
McEwen Mining (NYSE:MUX) is expected to report a Q4 earnings per share (EPS) of $-0.28 on March 1, 2024. Analysts and investors will be looking for an earnings beat and positive guidance for future growth. The company's past earnings performance shows a mix of beats and misses, with the share price reacting accordingly. Shares are currently trading at $5.94, down 18.88% over the last 52 weeks, indicating potential investor concern ahead of the earnings release.
February 29, 2024 | 2:01 pm
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McEwen Mining is anticipated to report a Q4 EPS of $-0.28, with investors hoping for an earnings beat and positive future guidance. The stock has seen a decline of 18.88% over the past year, indicating potential investor concern.
Given McEwen Mining's mixed past earnings performance and the current stock price decline, the upcoming earnings report is crucial. While an earnings beat and positive guidance could provide a short-term boost, the long-term trend shows investor concern. The score is neutral due to the uncertainty of the earnings outcome and its potential impact.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100