McEwen Mining (MUX) reports Q4 loss below estimated revenue, shares decline by 3.2%
From Nasdaq: 2025-03-14 18:30:01
McEwen (MUX) reported a quarterly loss of $0.15 per share, missing the Zacks Consensus Estimate of a loss of $0.13. This is a significant decrease from earnings of $2.90 per share a year ago. The company has struggled to surpass consensus EPS estimates in the last four quarters. Revenues for the quarter were $33.52 million, lower than expected.
The stock’s performance will depend on management’s commentary and future earnings expectations. McEwen shares have declined by 3.2% since the beginning of the year. With an earnings surprise of -15.38% and a Zacks Rank #4 (Sell), McEwen’s outlook remains uncertain. Investors should monitor earnings estimate revisions and industry trends closely.
Commercial Metals (CMC) is expected to report quarterly earnings of $0.30 per share, a decrease of -65.9% year-over-year. Revenue is expected to be $1.77 billion, down 4.1% from the previous year. The company’s results are eagerly awaited, with the stock’s performance likely to be impacted by the broader Basic Materials sector’s outlook.
Investors looking to invest in McEwen Mining Inc. (MUX) should consider the company’s earnings outlook and recent performance. With a Zacks Rank #4 (Sell) and unfavorable estimate revisions, the stock may underperform in the near future. For more insights on the best stocks to buy, check out Zacks Investment Research’s free report on the 7 best stocks for the next 30 days.
Read more at Nasdaq: McEwen (MUX) Reports Q4 Loss, Lags Revenue Estimates
