Investing.com - Pan American Silver reported on Thursday fourth quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Pan American Silver announced earnings per share of $0.19 on revenue of $422.17M. Analysts polled by Investing.com anticipated EPS of $0.2543 on revenue of $445.62M.
Pan American Silver shares are down 11% from the beginning of the year and are trading at $24.35 , down-from-52-week-high.They are under-performing the IBEX 35 which is down 3.14% from the start of the year.
Pan American Silver follows other major Materials sector earnings this month
Pan American Silver's report follows an earnings missed by Freeport-McMoran on Wednesday, January 26, 2022, who reported EPS of $0.96 on revenue of $6.16B, compared to forecasts EPS of $0.9703 on revenue of $6.44B.
Air Products had beat expectations on Friday, February 4, 2022 with first quarter EPS of $2.52 on revenue of $2.99B, compared to forecast for EPS of $2.5 on revenue of $2.74B.
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