Coeur Mining (CDE) Earnings Expected to Grow: Should You Buy?

Company Overview - Coeur Mining (CDE) is anticipated to report a year-over-year increase in earnings due to higher revenues for the quarter ended September 2024, with earnings expected to be $0.07 per share, reflecting a +240% change from the previous year [1][3] - Revenues are projected to reach $285.9 million, which is a 46.9% increase compared to the same quarter last year [3] Earnings Expectations - The consensus EPS estimate has been revised 65.79% higher in the last 30 days, indicating a positive reassessment by analysts [4] - Coeur Mining has an Earnings ESP of +35%, suggesting a strong likelihood of beating the consensus EPS estimate [10] Historical Performance - In the last reported quarter, Coeur Mining was expected to post a loss of $0.02 per share but actually reported a loss of $0.01, resulting in a surprise of +50% [11] - Over the past four quarters, the company has exceeded consensus EPS estimates two times [12] Industry Context - Another company in the mining sector, Amerigo Resources (ARREF), is expected to report earnings of $0.03 per share for the same quarter, indicating a year-over-year change of +175% [16] - Amerigo Resources has an Earnings ESP of 0.00% and a Zacks Rank of 4 (Sell), making it challenging to predict a beat on the consensus EPS estimate [17]