Pan American Silver (PAAS) reported $601.4 million in income for the quarter ended March 2024, representing a year-over-year improve of 54.1%. EPS of $0.01 for a similar interval compares to $0.10 a yr in the past.
The reported income represents a shock of +0.66% over the Zacks Consensus Estimate of $597.47 million. With the consensus EPS estimate being -$0.06, the EPS shock was +116.67%.
Whereas buyers intently watch year-over-year modifications in headline numbers — income and earnings — and the way they examine to Wall Avenue expectations to find out their subsequent plan of action, some key metrics at all times present a greater perception into an organization’s underlying efficiency.
As these metrics affect top- and bottom-line efficiency, evaluating them to the year-ago numbers and what analysts estimated helps buyers mission a inventory’s value efficiency extra precisely.
Right here is how Pan American Silver carried out within the simply reported quarter when it comes to the metrics most generally monitored and projected by Wall Avenue analysts:
- Ounces Produce – Gold (Silver and Gold Manufacturing): 222.9 Koz in comparison with the 223.53 Koz common estimate primarily based on six analysts.
- AISC per ounce – Timmins Operation: $2,014 versus $1,977.24 estimated by six analysts on common.
- Ounce Manufacturing – La Colorada Operation – Gold: 0.5 Koz versus the six-analyst common estimate of 0.43 Koz.
- Ounce Manufacturing – La Colorada Operation – Silver: 1,107 Koz in comparison with the 967.44 Koz common estimate primarily based on six analysts.
- Ounce Manufacturing – Huaron Operation – Silver: 882 Koz versus the six-analyst common estimate of 918.61 Koz.
- Ounce Manufacturing – San Vicente Operation – Silver: 788 Koz versus 724.14 Koz estimated by six analysts on common.
- Ounce Manufacturing – Dolores Operation – Silver: 430 Koz in comparison with the 504.63 Koz common estimate primarily based on six analysts.
- Ounce Manufacturing – Dolores Operation – Gold: 17.9 Koz in comparison with the 18.98 Koz common estimate primarily based on six analysts.
- Ounces Produce – Silver (Silver and Gold Manufacturing): 5,009 Koz versus the six-analyst common estimate of 5,004.06 Koz.
- AISC per ounce – La Enviornment Operation: $1,536 versus $1,755.48 estimated by six analysts on common.
- AISC per ounce – Shahuindo Operation: $1,216 in comparison with the $1,670.99 common estimate primarily based on six analysts.
- AISC per ounce – Dolores Operation: $2,367 versus the six-analyst common estimate of $1,474.48.
View all Key Company Metrics for Pan American Silver here>>>
Shares of Pan American Silver have returned -2.1% over the previous month versus the Zacks S&P 500 composite’s -0.2% change. The inventory at the moment has a Zacks Rank #3 (Maintain), indicating that it may carry out consistent with the broader market within the close to time period.
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Pan American Silver Corp. (PAAS) : Free Stock Analysis Report
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