Pan American Silver reported second-quarter adjusted earnings of $0.73 per share, missing the Zacks Consensus Estimate of $0.84 per share and marking a negative earnings surprise of 13.10%. Revenue came in at $1.12 billion, 3.36% below consensus and up from $811.9 million a year earlier. The company has now beaten consensus EPS estimates twice in the past four quarters. Ahead of the release, estimate revisions were unfavorable, giving the stock a Zacks Rank #4, or Sell, with consensus expectations of $1.06 per share on $1.3 billion in revenue for the coming quarter and $4.11 per share on $5 billion in revenue for the current fiscal year.
Pan American Silver Corp.Missed Q2 earnings and revenue estimates, with negative surprise and Sell rating.
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