B. Riley Weighs in on Pan American Silver’s FY2019 Earnings (PAA)
Pan American Silver (TSE:PAA) (NASDAQ:PAAS) – Equities research analysts at B. Riley reduced their FY2019 earnings estimates for shares of Pan American Silver in a research report issued on Monday, May 14th. B. Riley analyst L. Pipes now anticipates that the company will post earnings of $0.99 per share for the year, down from their previous forecast of $1.05.
Pan American Silver (TSE:PAA) (NASDAQ:PAAS) last announced its quarterly earnings results on Tuesday, February 20th. The company reported C$0.15 EPS for the quarter, missing the consensus estimate of C$0.24 by C($0.09). The firm had revenue of C$287.08 million for the quarter, compared to analysts’ expectations of C$265.13 million. Pan American Silver had a net margin of 9.34% and a return on equity of 4.74%.
The company also recently declared a quarterly dividend, which will be paid on Monday, June 4th. Stockholders of record on Tuesday, May 22nd will be paid a dividend of $0.045 per share. The ex-dividend date is Friday, May 18th. This represents a $0.18 annualized dividend and a dividend yield of 0.89%. This is a positive change from Pan American Silver’s previous quarterly dividend of $0.04.
About Pan American Silver
Pan American Silver Corp. is a silver production company. The Company is principally engaged in the operation and development of, and exploration for, silver producing properties. The Company’s segments include Peru, Mexico, Argentina and Bolivia. The Company also produces and sells gold, zinc, lead and copper.
Receive News & Ratings for Pan American Silver Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pan American Silver and related companies with MarketBeat.com's FREE daily email newsletter.