Investing.com - Pan American Silver reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Pan American Silver announced earnings per share of $-0.01 on revenue of $338.89M. Analysts polled by Investing.com anticipated EPS of $-0.02 on revenue of $376.97M.
Pan American Silver shares are down 29.95% from the beginning of the year and are trading at $13.64 , down-from-52-week-high.
Pan American Silver follows other major Materials sector earnings this month
Pan American Silver's report follows an earnings beat by Vale ADR on October 27, who reported EPS of $0.98 on revenue of $9.93B, compared to forecasts EPS of $0.6671 on revenue of $10.74B.
Air Products had beat expectations on November 3 with fourth quarter EPS of $2.89 on revenue of $3.57B, compared to forecast for EPS of $2.77 on revenue of $3.21B.
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