ASM Gears Up to Report Q4 Earnings: What's in Store for the Stock?

Core Viewpoint - Avino Silver (ASM) is expected to report a year-over-year decline in earnings despite an increase in revenues for the fourth quarter of 2024, with results scheduled for release on March 11 after market close [1]. Revenue and Earnings Estimates - The Zacks Consensus Estimate for Avino Silver's fourth-quarter revenues is $17.2 million, reflecting a year-over-year growth of 37.3% [2]. - The consensus estimate for earnings remains unchanged at one cent per share, indicating a 50% decline from two cents per share reported in the fourth quarter of 2023 [2]. Earnings Surprise History - Avino Silver has consistently beaten the Zacks Consensus Estimate in the past four quarters, achieving an average earnings surprise of 75% [3]. Earnings Prediction Model - The current Earnings ESP for Avino Silver is 0.00%, and the company holds a Zacks Rank of 3 (Hold), suggesting that the model does not predict an earnings beat this time [4][5]. Production Performance - In the fourth quarter, Avino Silver produced 283,794 ounces of silver, a 26% increase year over year [6]. - Gold production reached 2,560 ounces, up 76% from the previous year, marking the highest gold production quarter in 2024 [6]. - Copper output increased by 35% year over year to 1,773,694 pounds [7]. - Silver equivalent ounces totaled 735,557, representing a 32% increase from the year-ago quarter, driven by improved gold grades and increased mill throughput [7]. - The company processed 181,733 tons in the quarter, a 26% increase year over year, marking the highest quarter in its history [7]. Financial Factors - Higher realized prices for gold, silver, and copper are expected to positively impact ASM's top-line results, although increased unit operating costs and elevated general and administrative expenses may offset some gains [8]. Stock Performance - Avino Silver's stock has appreciated by 151.3% over the past year, significantly outperforming the industry growth of 60.5% [9].