$54.75 Million in Sales Expected for Sierra Metals Inc. (SMTS) This Quarter
Analysts expect that Sierra Metals Inc. (NASDAQ:SMTS) will post sales of $54.75 million for the current fiscal quarter, according to Zacks Investment Research. Two analysts have made estimates for Sierra Metals’ earnings, with the lowest sales estimate coming in at $49.63 million and the highest estimate coming in at $59.86 million. Sierra Metals posted sales of $50.86 million in the same quarter last year, which suggests a positive year-over-year growth rate of 7.6%. The business is scheduled to report its next earnings report on Friday, November 9th.
On average, analysts expect that Sierra Metals will report full year sales of $233.68 million for the current year, with estimates ranging from $224.65 million to $239.00 million. For the next financial year, analysts forecast that the firm will post sales of $265.19 million, with estimates ranging from $234.35 million to $294.21 million. Zacks Investment Research’s sales calculations are a mean average based on a survey of sell-side analysts that follow Sierra Metals.
Sierra Metals (NASDAQ:SMTS) last announced its quarterly earnings results on Monday, August 13th. The company reported $0.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.07 by $0.01. The firm had revenue of $62.72 million during the quarter, compared to the consensus estimate of $64.12 million.
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