Fortuna Silver Mines Earnings Preview
Portfolio Pulse from Benzinga Insights
Fortuna Silver Mines (NYSE:FSM) is expected to report an EPS of $0.11 in its upcoming quarterly earnings on March 6, 2024. Analysts and investors are looking for an earnings beat and positive guidance for future growth. The company's past earnings performance shows a mixed impact on its stock price, with the last quarter resulting in a 1.7% increase following an EPS beat. Shares are currently trading at $3.03, down 5.7% over the last year, indicating potential concern among long-term shareholders.
March 05, 2024 | 5:01 pm
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Fortuna Silver Mines is anticipated to report an EPS of $0.11 in its upcoming earnings, with investors keen on an earnings beat and positive future guidance. The stock has seen a 5.7% decline over the past year, indicating potential volatility around the earnings announcement.
Given FSM's history of mixed reactions to past earnings performances and the anticipation of beating EPS estimates along with positive guidance, there's potential for short-term positive movement. However, the overall negative trend over the past year suggests caution.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100