SilverCrest Metals Earnings Preview
Portfolio Pulse from Benzinga Insights
SilverCrest Metals (AMEX:SILV) is anticipated to report an EPS of $0.10 in its upcoming quarterly earnings on 2024-03-06. Historically, the company has surpassed EPS estimates, leading to positive stock price movements. Last quarter, SILV beat the EPS estimate by $0.08, resulting in a 4.22% share price increase. Over the last year, SILV shares have risen by 3.45%, with the stock currently trading at $5.38. Investors are optimistic, looking for not only an earnings beat but also positive future guidance.
March 05, 2024 | 4:03 pm
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POSITIVE IMPACT
SilverCrest Metals is expected to report a Q4 EPS of $0.10. Historically, earnings beats have led to positive stock movements. Last quarter's beat resulted in a 4.22% price increase. Shares have gained 3.45% over the past year.
Given SilverCrest Metals' history of surpassing EPS estimates and the subsequent positive impact on its stock price, it's likely that a similar outcome could occur if the company beats the EPS estimate again. The historical data shows a clear pattern of stock price increases following earnings beats, suggesting investor confidence in the company's performance.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100