Investing.com - Pan American Silver reported on Wednesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Pan American Silver announced earnings per share of $0.57 on revenue of $430.46M. Analysts polled by Investing.com anticipated EPS of $0.4264 on revenue of $428.33M.
Pan American Silver shares are up 42% from the beginning of the year and are trading at $31.86 , down-from-52-week-high.They are outperforming the Nasdaq which is up 8.36% from the start of the year.
Pan American Silver follows other major Basic Materials sector earnings this month
Pan American Silver's report follows an earnings beat by Sherwin-Williams on January 28, who reported EPS of $5.09 on revenue of $4.49B, compared to forecasts EPS of $4.85 on revenue of $4.34B.
Air Products had missed expectations on February 4 with first quarter EPS of $2.12 on revenue of $2.38B, compared to forecast for EPS of $2.18 on revenue of $2.35B.
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