Pan American Silver (PAAS) Q4 Earnings and Revenues Top Estimates

Core Insights - Pan American Silver (PAAS) reported quarterly earnings of $1.11 per share, exceeding the Zacks Consensus Estimate of $0.90 per share, and showing a significant increase from $0.35 per share a year ago, resulting in an earnings surprise of +23.64% [1] - The company generated revenues of $1.18 billion for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 6.00%, and up from $815.1 million in the same quarter last year [2] - Pan American Silver has outperformed the S&P 500 with an 8.3% increase in share price since the beginning of the year, while the S&P 500 has shown a zero return [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.95 on revenues of $1.2 billion, and for the current fiscal year, it is $3.66 on revenues of $4.68 billion [7] - The estimate revisions trend for Pan American Silver was mixed prior to the earnings release, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market [6] Industry Context - The Mining - Silver industry is currently ranked in the top 5% of over 250 Zacks industries, suggesting a favorable outlook for stocks within this sector [8] - Another company in the same industry, Avino Silver (ASM), is expected to report quarterly earnings of $0.06 per share, reflecting a year-over-year decline of -14.3%, with revenues projected at $29.1 million, up 19.4% from the previous year [9]