Loading ...Coeur Mining (CDE – Free Report) came out with a quarterly loss of $0.11 per share versus the Zacks Consensus Estimate of a loss of $0.10. This compares to earnings of $0.01 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -10%. A quarter ago, it was expected that this silver mining company would post a loss of $0.05 per share when it actually produced a loss of $0.11, delivering a surprise of -120%.
Over the last four quarters, the company has surpassed consensus EPS estimates just once.
Coeur Mining, which belongs to the Zacks Mining – Non Ferrous industry, posted revenues of $162.12 million for the quarter ended June 2019, missing the Zacks Consensus Estimate by 0.76%. This compares to year-ago revenues of $169.99 million. The company has not been able to beat consensus revenue estimates over the last four quarters.
The sustainability of the stock’s immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management’s commentary on the earnings call.