FY2019 EPS Estimates for Pan American Silver (PAA) Increased by Analyst
Pan American Silver (TSE:PAA) (NASDAQ:PAAS) – Equities researchers at National Bank Financial boosted their FY2019 earnings per share (EPS) estimates for shares of Pan American Silver in a note issued to investors on Monday, May 20th. National Bank Financial analyst D. Demarco now expects that the company will earn $0.43 per share for the year, up from their prior estimate of $0.07. National Bank Financial currently has a “Sector Perform Overweight” rating on the stock. National Bank Financial also issued estimates for Pan American Silver’s FY2020 earnings at $0.75 EPS and FY2021 earnings at $1.57 EPS.
Separately, B. Riley reiterated a “neutral” rating on shares of Pan American Silver in a report on Thursday, February 28th.
Pan American Silver (TSE:PAA) (NASDAQ:PAAS) last posted its quarterly earnings data on Wednesday, February 20th. The company reported C($0.01) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.03 by C($0.04). The firm had revenue of C$229.14 million for the quarter, compared to analysts’ expectations of C$241.56 million.
The firm also recently declared a quarterly dividend, which will be paid on Monday, June 3rd. Investors of record on Tuesday, May 21st will be issued a $0.047 dividend. This represents a $0.19 annualized dividend and a yield of ∞. The ex-dividend date of this dividend is Friday, May 17th. This is an increase from Pan American Silver’s previous quarterly dividend of $0.05.
Pan American Silver Company Profile
Pan American Silver Corp. is a silver production company. The Company is principally engaged in the operation and development of, and exploration for, silver producing properties. The Company’s segments include Peru, Mexico, Argentina and Bolivia. The Company also produces and sells gold, zinc, lead and copper.
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