Pan American Silver Rises 1.32% Ahead of Earnings Report
The miner outpaced major indexes in its latest session as analysts expect higher earnings and revenue in its upcoming report.
Key takeaways
- Pan American Silver shares rose 1.32% to $45.92 in the latest session.
- Analysts expect quarterly earnings of $0.92 per share and revenue of $1.24 billion.
Pan American Silver shares rose 1.32% to $45.92 in the latest session, beating the S&P 500’s 0.58% gain. The Dow rose 0.49%, while the Nasdaq added 0.45%.
The gain followed a weaker month for the silver miner. Before the latest session, its shares had fallen 11.73% over the past month, while the S&P 500 gained 0.84%.
Analysts expect Pan American Silver to report earnings of $0.92 per share and revenue of $1.24 billion in its upcoming results. Those estimates represent year-over-year increases of 91.67% and 44.54%, respectively, according to Zacks consensus estimates.
This article was produced with the help of AI technology. Source: Yahoo Finance
