Why Coeur Mining (CDE) is Poised to Beat Earnings Estimates Again

Core Insights - Coeur Mining is positioned to continue its earnings-beat streak, having surpassed earnings estimates by an average of 230.56% in the last two quarters [1][2] Earnings Performance - In the last reported quarter, Coeur Mining achieved earnings of $0.2 per share, exceeding the Zacks Consensus Estimate of $0.18 per share by 11.11% [2] - In the previous quarter, the company was expected to post earnings of $0.02 per share but delivered $0.11 per share, resulting in a surprise of 450.00% [2] Earnings Estimates and Predictions - Recent estimates for Coeur Mining have been increasing, with a positive Zacks Earnings ESP of +35.62%, indicating bullish sentiment among analysts regarding its near-term earnings potential [5][8] - The combination of a positive Earnings ESP and a Zacks Rank 1 (Strong Buy) suggests a high likelihood of another earnings beat [8] Statistical Insights - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive surprise [6] - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, reflecting the latest analyst revisions [7]