Pan American Silver Corp reports results for the quarter ended in September 30 - Earnings Summary

• Pan American Silver Corp PAAS.TO reported quarterly adjusted earnings of 32 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 1 cents. The mean expectation of seven analysts for the quarter was for earnings of 20 cents per share. Wall Street expected results to range from 17 cents to 22 cents per share.

• Revenue fell 2.4% to $601.40 million from a year ago; analysts expected $699.02 million.

• Pan American Silver Corp's reported EPS for the quarter was a loss of 8 cents​.

• The company reported a quarterly loss of $30.9 million.

• Pan American Silver Corp shares had risen by 9.0% this quarter and gained 39.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 1.3% in the last three months.​

• In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the non-gold precious metals & minerals peer group is also "buy"

Wall Street's median 12-month price target for Pan American Silver Corp is 28.00

This summary was machine generated from LSEG data November 6 at 03:39 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)