Pan American Silver (PAAS) Earnings Expected to Grow: Should You Buy?

Pan American Silver is due to report Q1 results on May 5; consensus expects EPS of $1.06 (up 152.4% YoY) and revenue of $1.25 billion (up 61.1%). Recent analyst revisions have pushed the quarter’s consensus down about 8.35% over the past 30 days, and the Zacks Earnings ESP is 0%, reducing the model’s ability to predict a surprise. The stock carries a Zacks Rank #3 and has beaten estimates in three of the last four quarters, but Zacks concludes PAAS is not a compelling earnings-beat candidate. Market impact will likely hinge on whether the report materially out- or underperforms the consensus and management’s commentary; a beat could lift the stock, while a miss could pressure it.