First Majestic Silver Corp reports results for the quarter ended June 30 - Earnings Summary

• First Majestic Silver Corp AG.TO reported quarterly adjusted earnings of 4 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -7 cents. The mean expectation of five analysts for the quarter was for earnings of 2 cents per share. Wall Street expected results to range from -2 cents to 5 cents per share.

• Revenue rose 94% to $264.23 million from a year ago; analysts expected $283.00 million.

• First Majestic Silver Corp shares had risen by 8.1% this quarter and gained 62.8% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 81.2% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

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"

This summary was machine generated from LSEG data August 14 at 07:31 p.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)