Can Coeur Mining (CDE) Run Higher on Rising Earnings Estimates?

Core Insights - Coeur Mining (CDE) shows a significantly improving earnings outlook, making it a solid investment choice as analysts continue to raise earnings estimates for the company [1][3] - The rising trend in earnings estimate revisions reflects growing analyst optimism, which is expected to positively impact the stock price [2][3] Current-Quarter Estimate Revisions - The expected earnings for the current quarter are $0.15 per share, indicating a year-over-year increase of +1600% [5] - Over the last 30 days, the Zacks Consensus Estimate has increased by 7.32% due to one upward revision and one downward revision [5] Current-Year Estimate Revisions - For the full year, Coeur Mining is expected to earn $0.66 per share, representing a change of +266.67% from the previous year [6] - The consensus estimate has increased by 40.46% due to three upward revisions and no negative revisions over the past month [6][7] Zacks Rank - Coeur Mining has achieved a Zacks Rank 2 (Buy), indicating promising estimate revisions that could lead to significant outperformance compared to the S&P 500 [8] - Stocks with Zacks Rank 1 (Strong Buy) and 2 (Buy) have historically outperformed the market [8] Bottom Line - The strong estimate revisions have led to a 19.5% increase in Coeur Mining's stock over the past four weeks, suggesting potential for further upside [9]