First Majestic Silver Corp reports results for the quarter ended March 31 - Earnings Summary

• First Majestic Silver Corp AG.TO reported quarterly adjusted earnings of 5 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -6 cents. The mean expectation of five analysts for the quarter was for earnings of 6 cents per share. Wall Street expected results to range from 4 cents to 8 cents per share.

• Revenue rose 130.1% to $243.94 million from a year ago; analysts expected $241.00 million.

• First Majestic Silver Corp shares had fallen by 4.5% this quarter and gained 16.4% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 29.1% in the last three months.​

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

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the non-gold precious metals & minerals peer group is also "buy"

• Wall Street's median 12-month price target for First Majestic Silver Corp is C$13.62

This summary was machine generated from LSEG data May 8 at 12:47 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)