Pan American Silver: Q4 Earnings Snapshot

VANCOUVER, British Columbia (AP) — VANCOUVER, British Columbia (AP) — Pan American Silver Corp. (PAAS) on Wednesday reported a loss of $67.8 million in its fourth quarter.

The Vancouver, British Columbia-based company said it had a loss of 19 cents per share. Losses, adjusted for non-recurring costs, came to 4 cents per share.

The results fell short of Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 8 cents per share.

The silver mining company posted revenue of $669.6 million in the period, beating Street forecasts. Seven analysts surveyed by Zacks expected $657.7 million.

For the year, the company reported a loss of $103.7 million, or 32 cents per share. Revenue was reported as $2.32 billion.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PAAS at https://www.zacks.com/ap/PAAS