Sierra Metals Inc. (NASDAQ:SMTS) Expected to Post Quarterly Sales of $61.32 Million
Equities research analysts expect Sierra Metals Inc. (NASDAQ:SMTS) to post $61.32 million in sales for the current quarter, according to Zacks. Two analysts have made estimates for Sierra Metals’ earnings. The highest sales estimate is $68.97 million and the lowest is $53.67 million. Sierra Metals reported sales of $62.72 million in the same quarter last year, which indicates a negative year-over-year growth rate of 2.2%. The company is expected to issue its next quarterly earnings results on Monday, August 12th.
On average, analysts expect that Sierra Metals will report full-year sales of $269.15 million for the current financial year, with estimates ranging from $248.24 million to $287.25 million. For the next year, analysts expect that the firm will report sales of $333.63 million, with estimates ranging from $265.90 million to $372.75 million. Zacks Investment Research’s sales averages are an average based on a survey of sell-side analysts that that provide coverage for Sierra Metals.
Sierra Metals (NASDAQ:SMTS) last issued its quarterly earnings data on Monday, May 13th. The company reported $0.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.03). The company had revenue of $49.18 million during the quarter, compared to analyst estimates of $56.63 million.
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