Examining the Future: First Majestic Silver's Earnings Outlook

First Majestic Silver AG is preparing to release its quarterly earnings on Thursday, 2024-11-07. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect First Majestic Silver to report an earnings per share (EPS) of $0.01.

The market awaits First Majestic Silver's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.

It's important for new investors to understand that guidance can be a significant driver of stock prices.

Earnings History Snapshot

The company's EPS missed by $0.06 in the last quarter, leading to a 5.42% drop in the share price on the following day.

Here's a look at First Majestic Silver's past performance and the resulting price change:

Market Performance of First Majestic Silver's Stock

Shares of First Majestic Silver were trading at $6.9 as of November 05. Over the last 52-week period, shares are up 44.3%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all earnings releases for First Majestic Silver visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.