-+ 0.00%
-+ 0.00%
-+ 0.00%
Pan American Silver: Q2 Earnings Snapshot
Share
Listen to the news

VANCOUVER, British Columbia (AP) — VANCOUVER, British Columbia (AP) — Pan American Silver Corp. (PAAS) on Wednesday reported second-quarter net income of $305 million.

On a per-share basis, the Vancouver, British Columbia-based company said it had profit of 72 cents. Earnings, adjusted for non-recurring costs, were 73 cents per share.

The results missed Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 84 cents per share.

The silver mining company posted revenue of $1.12 billion in the period, which also fell short of Street forecasts. Eight analysts surveyed by Zacks expected $1.16 billion.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PAAS at https://www.zacks.com/ap/PAAS

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending