Lundin Mining Corp reports results for the quarter ended December 31 - Earnings Summary

• Lundin Mining Corp LUN.TO reported quarterly adjusted earnings of 15 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 10 cents. The mean expectation of twenty one analysts for the quarter was for earnings of 16 cents per share. Wall Street expected results to range from 6 cents to 26 cents per share.

• Revenue fell 19% to $858.90 million from a year ago; analysts expected $1.08 billion.

• Lundin Mining Corp shares had risen by 0.4% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 17.4% in the last three months.​

• In the last 30 days, eleven analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy," 8 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the diversified mining peer group is also "buy"

Wall Street's median 12-month price target for Lundin Mining Corp is C$16.00

This summary was machine generated from LSEG data February 20 at 04:56 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)