First Majestic Silver Corp reports results for the quarter ended in December - Earnings Summary

First Majestic Silver

23/02/2024 15:42

* First Majestic Silver Corp  FR.TO  reported a quarterly
adjusted
loss of 3 cents​​ per share for the quarter ended in December,
higher than the same quarter last year, when the company
reported EPS of -7 cents.  The mean expectation of five analysts
for the quarter was for a loss of 4 cents per share. Wall Street
expected results to range from -7 cents tozero cents per share.
    * Revenue fell 7.6% to $136.95 million from a year ago;
analysts
expected $126.00 million. 
    * First Majestic Silver Corp shares had fallen by 25.3% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 28.3%
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 "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the non-gold
precious
metals & minerals peer group is also "hold"

Wall Street's median 12-month price target for First Majestic
Silver Corp is C$7.63 
This summary was machine generated from LSEG data February 23 at
03:41 p.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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.10           0.07           Missed
 Sep. 30 2023      0.13           0.07           Missed
 Jun. 30 2023      0.08           0.07           Missed
 Mar. 31 2023      0.12           -0.01          Missed