A-Mark Precious Metals Inc reports results for the quarter ended March 31 - Earnings Summary

• A-Mark Precious Metals Inc AMRK.OQ reported a quarterly adjusted loss of 6 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 21 cents. The mean expectation of five analysts for the quarter was for earnings of 59 cents per share. Wall Street expected results to range from 42 cents to $1.12 per share.

• Revenue rose 15.3% to $3.01 billion from a year ago; analysts expected $2.80 billion.

• A-Mark Precious Metals Inc's reported EPS for the quarter was a loss of 36 cents​.

• The company reported a quarterly loss of $8.55 million.

• A-Mark Precious Metals Inc shares had fallen by 4.8% this quarter and lost 11.9% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 9.3% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 2 "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 A-Mark Precious Metals Inc is $36.00

This summary was machine generated from LSEG data May 8 at 02:01 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)