SILV Earnings

SILV reported its earnings on 2024-08-08, showcasing a revenue of against an estimate of 281.67M, resulting in a 0% surprise. The EPS was 0, surpassing the expected 0.17 by 0% . The stock experienced a -5.3% price change on the earnings day and a 0.99% change over the next five days, reflecting market reactions to the results.

Following SILV's earnings announcement on 2024-08-08, the stock price moved by -5.30% on the day of the release. Over the subsequent five days, it saw a 0.99% change. Historically, SILV's stock price tends to shift by an average of -0.72% in the 10 days leading up to earnings and +4.55% in the 10 days following, providing insight into potential market.

For , analysts estimate SILV’s annual revenue to reach , while the EPS is projected at 0.16. These estimates reflect recent revisions, with revenue estimates revised Revenue No Change by 0% and EPS estimates No Change by % over the past three months, indicating analyst expectation in the company’s performance.

The correlation between SILV's stock price and earnings forecast revisions shows that positive revisions in revenue or EPS often strengthen the stock’s fundamentals. Over the past three months, revenue estimates for FY2024 were No Change by 0%, while EPS estimates moved No Change by % . This trend suggests that price dips could present buying opportunities for investors.

Based on historical trends, SILV's stock price typically moves by -0.72% in the 10 days before its earnings and +4.55% in the 10 days after. For the upcoming earnings, analysts expect an EPS of 0.16 and revenue of .

The earnings call summary highlights strong financial performance with increased revenue, operating cash flow, and free cash flow. The company anticipates exceeding sales and cost guidance, which is a positive indicator. The Coeur transaction offers an 18% premium, adding shareholder value. Despite some operational risks and competitive pressures, the overall sentiment is positive, supported by strong financial metrics and optimistic guidance. The market cap suggests moderate sensitivity to these positive developments, leading to a prediction of a positive stock price movement of 2% to 8%.