First Majestic Silver Earnings Preview: Can This Streak Finally End?
First Majestic Silver (NYSE:AG) will report earnings before markets open on Tuesday, August 13th. First Majestic Silver Corp. is a silver producing mining company. The Company’s presently owns and operates producing silver mines in Mexico; the La Parrilla Silver Mine, the San Martin Silver Mine and the La Encantada Silver Mine.
Here is your Cheat Sheet to First Majestic Silver Earnings:
Earnings Expectations: Analysts expect earnings of $0.10 per share on revenues of $47.12 million. Currently, the company’s P/E ratio stands at 14.70.
Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.41 to a profit $0.15. For the current year, the average estimate is a profit of $0.79, which is worse than the estimate ninety days ago.
Here’s how First Majestic Silver has been performing on an annual basis:
|Revenue ($) in millions||57||117||246||247|
|Diluted EPS ($)||0.07||0.36||1.02||0.80|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012||Mar. 31, 2013|
|Revenue ($) in millions||54.80||63.58||71.00||67.07|
|Diluted EPS ($)||0.14||0.21||0.19||0.23|
First Majestic Silver has missed analyst estimates 4 times in the past four quarters. Shareholders could expect a bust if the company misses estimates.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)