MAG Silver Corp expected to post earnings of 12 cents a share - Earnings Preview

MAG Silver

06/05/2024 18:08

* MAG Silver Corp  MAG.TO   is expected to show a rise in
quarterly revenue when it reports  results on May 8 (estimated)
for the period ending March 31 2024
    * The Vancouver British Columbia-based  company is expected
to
report a 7,849.2% increase in revenue to $44.833 million from
$564 thousand a year ago, according to the mean estimate from 3
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for MAG Silver Corp is for
earnings of 12 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 2.4%
in the last three months. ​
    * Wall Street's median 12-month price target for MAG Silver
Corp
is C$20.50​, above​ its last closing price of C$16.73. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   0.12        0.13       0.15      Beat    11.6
 Sep. 30 0001  0.14        0.16       0.09      Missed  -44.7
 Jun. 30 2023  0.14        0.14       0.19      Beat    33​
 Mar. 31 2023  0.07        0.09       0.05      Missed  -45.7
 ​​Dec.        0.02        0.06       -0.01     Missed  -118.2
 31 2022                                                
 Sep. 30 2022  0.08        0.09       0.08      Missed  -6.7​
 Jun. 30 2022  0.09        0.11       0.08      Missed  -25
 Mar. 31 2022  0.06        0.05       0.03      Missed  -37.5
 This summary was machine generated May 6 at 17:08 GMT.  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)