McEwen (MUX) Reports Q4 Loss, Lags Revenue Estimates

Group 1 - McEwen (MUX) reported a quarterly loss of $0.15 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.13, and a significant decline from earnings of $2.90 per share a year ago, indicating an earnings surprise of -15.38% [1] - The company posted revenues of $33.52 million for the quarter ended December 2024, missing the Zacks Consensus Estimate by 5.83%, and down from $58.68 million in the same quarter last year [2] - McEwen shares have declined approximately 3.2% since the beginning of the year, outperforming the S&P 500's decline of -6.1% [3] Group 2 - The earnings outlook for McEwen is currently unfavorable, with a Zacks Rank of 4 (Sell), indicating expected underperformance in the near future [6] - The current consensus EPS estimate for the upcoming quarter is -$0.12 on revenues of $46.9 million, and -$0.28 on revenues of $253.5 million for the current fiscal year [7] - The Mining - Miscellaneous industry, to which McEwen belongs, is currently ranked in the bottom 33% of over 250 Zacks industries, suggesting a challenging environment for stock performance [8]