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Coeur Mining, Inc. reports results for the quarter ended September 30 - Earnings Summary
Coeur Mining reported adjusted earnings of 11 cents per share for the quarter ended September 30, down from 23 cents a year earlier and below analysts' 29-cent average estimate. Revenue rose 77.4% to $983.62 million, but was below the expected $1.27 billion; quarterly net income was $109.38 million.
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What happened
Coeur Mining reported adjusted earnings of 11 cents per share for the quarter ended September 30, down from 23 cents a year earlier and below analysts’ 29-cent average estimate. Revenue rose 77.4% to $983.62 million, but was below the expected $1.27 billion; quarterly net income was $109.38 million.
Confirmed
Global impact / market context
The results show that strong year-over-year revenue growth did not translate into earnings matching analysts’ expectations. If that gap reflects costs or other pressures, it could limit cash available for operations or investment, though the supplied figures do not explain the cause of the shortfall.
Analyst inference
Analyst earnings estimates had fallen about 32.6% over three months, with two analysts cutting forecasts in the latest 30 days. Shares were down 23.8% this quarter. The average analyst rating remained “buy,” while the $23 median target exceeded the reported $14.58 closing price.
Confirmed
What to watch
- Future quarterly earnings and revenue can show whether the company closes the gap with analyst expectations while sustaining the reported year-over-year revenue growth. Analyst inference
- Further analyst estimate revisions would indicate whether expectations for earnings continue to weaken or begin to stabilize after the recent cuts. Analyst inference
- The article reports a $23 median 12-month analyst price target and a $14.58 last closing price; these are estimates and a reported past price, not guarantees. Confirmed
Evidence
- Original source link unavailable