Pan American Silver Q2 2024 Adj. EPS $0.11 Misses $0.16 Estimate, Sales $686.300M Miss $704.115M Estimate
Portfolio Pulse from Benzinga Newsdesk
Pan American Silver reported Q2 2024 adjusted EPS of $0.11, missing the $0.16 estimate. Sales were $686.3M, below the $704.115M estimate but up 7.25% YoY.
August 07, 2024 | 9:43 pm
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NEGATIVE IMPACT
Pan American Silver's Q2 2024 earnings and sales missed analyst estimates, with EPS at $0.11 vs. $0.16 expected and sales at $686.3M vs. $704.115M expected. However, sales increased 7.25% YoY.
The miss on both EPS and sales estimates is likely to negatively impact the stock price in the short term, despite the YoY sales increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100