Overview
* Endeavour Silver ( EXK ) Q3 revenue rose 77% yr/yr, but missed analyst expectations
* Adjusted EPS for Q3 missed consensus, reflecting higher operating costs
* Silver equivalent production up 88% yr/yr, excluding Terronera
Outlook
* Endeavour Silver ( EXK ) expects future growth from its four operating mines
Result Drivers
* PRODUCTION INCREASE - Silver equivalent production rose 88% yr/yr, excluding Terronera, driving revenue growth
* HIGHER METAL PRICES - Revenue boosted by higher realized prices for silver and gold
* COST PRESSURES - Increased cash costs and all-in sustaining costs due to higher royalties and third-party material costs
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q3 Miss $111.40 $124.40
Revenue mln mln (2
Analysts
)
Q3 Miss -$0.01 $0.05 (4
Adjusted Analysts
EPS )
Q3 -$2.10
Adjusted mln
Net
Income
Q3 Net -$42 mln
Income
Q3 -$12.60
EBITDA mln
Q3 -$37.50
Pretax mln
Profit
Analyst Coverage
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
* The average consensus recommendation for the non-gold precious metals & minerals peer group is "buy"
* Wall Street's median 12-month price target for Endeavour Silver Corp ( EXK ) is C$14.63, about 29.6% above its November 6 closing price of C$10.30
* The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 17 three months ago
Press Release:
For questions concerning the data in this report, contact [email protected]. For any other questions or feedback, contact .
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)