Pan American Silver (PAAS) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates

Core Insights - Pan American Silver reported revenue of $854.6 million for the quarter ended September 2025, reflecting a 19.3% increase year-over-year, although it fell short of the Zacks Consensus Estimate of $867.76 million by 1.52% [1] - The company's earnings per share (EPS) was $0.48, up from $0.32 in the same quarter last year, but also missed the consensus estimate of $0.49 by 2.04% [1] Financial Performance - Revenue increased by 19.3% year-over-year to $854.6 million [1] - EPS rose to $0.48 from $0.32 year-over-year [1] - Revenue was below the Zacks Consensus Estimate of $867.76 million, resulting in a surprise of -1.52% [1] - EPS also missed the consensus estimate of $0.49, with a surprise of -2.04% [1] Production Metrics - Gold production was 183.50 Koz, slightly below the average estimate of 184.11 Koz [4] - Silver production totaled 5,462.00 Koz, which was below the average estimate of 5,842.57 Koz [4] - La Colorada Operation produced 1.10 Koz of gold, exceeding the average estimate of 0.82 Koz [4] - La Colorada Operation produced 1,505.00 Koz of silver, surpassing the average estimate of 1,461.62 Koz [4] - Huaron Operation produced 755.00 Koz of silver, below the average estimate of 818.47 Koz [4] - San Vicente Operation produced 765.00 Koz of silver, above the average estimate of 721.21 Koz [4] - Dolores Operation produced 220.00 Koz of silver, slightly above the average estimate of 208.49 Koz [4] - Dolores Operation produced 8.10 Koz of gold, exceeding the average estimate of 6.22 Koz [4] - Shahuindo Operation produced 36.30 Koz of gold, above the average estimate of 34.09 Koz [4] - Timmins Operation produced 24.70 Koz of gold, below the average estimate of 26.77 Koz [4] Price Realization - Average realized price per ounce of silver was $39.08, slightly below the average estimate of $39.11 [4] - Average realized price per ounce of gold was $3,479.00, exceeding the average estimate of $3,448.99 [4] Stock Performance - Pan American Silver's shares returned -4.9% over the past month, contrasting with the Zacks S&P 500 composite's +4.6% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market [3]