Earnings Preview: SilverCrest Metals
Portfolio Pulse from Benzinga Insights
SilverCrest Metals (AMEX:SILV) is scheduled to release its quarterly earnings report on March 11, 2024, with analysts expecting an EPS of $0.10. The company's past performance shows a history of beating EPS estimates, which has positively impacted its share price. However, shares have declined by 6.12% over the last 52 weeks. Investors will be looking for not only an earnings beat but also positive guidance for future growth.
March 08, 2024 | 2:01 pm
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SilverCrest Metals is expected to report an EPS of $0.10 for the upcoming quarter. Historical data shows positive share price movement following earnings beats. However, the stock has experienced a 6.12% decline over the past year.
Given SilverCrest Metals' history of beating EPS estimates and the subsequent positive impact on its share price, there is a potential for a short-term positive movement if the company beats the EPS estimate again and provides positive guidance. However, the overall negative performance over the past year suggests caution.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100