First Majestic Silver Earnings Preview: Can This Streak Finally End?

First Majestic Silver (NYSE:AG) will report earnings before markets open on Tuesday, August 13th. First Majestic Silver Corp. is a silver producing mining company. The Company’s presently owns and operates producing silver mines in Mexico; the La Parrilla Silver Mine, the San Martin Silver Mine and the La Encantada Silver Mine.

Here is your Cheat Sheet to First Majestic Silver Earnings:

Earnings Expectations: Analysts expect earnings of $0.10 per share on revenues of $47.12 million. Currently, the company’s P/E ratio stands at 14.70.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.41 to a profit $0.15. For the current year, the average estimate is a profit of $0.79, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how First Majestic Silver has been performing on an annual basis:

Fiscal Year 2009 2010 2011 2012
Revenue ($) in millions 57 117 246 247
Diluted EPS ($) 0.07 0.36 1.02 0.80

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012 Mar. 31, 2013
Revenue ($) in millions 54.80 63.58 71.00 67.07
Diluted EPS ($) 0.14 0.21 0.19 0.23

Past Performance:
First Majestic Silver has missed analyst estimates 4 times in the past four quarters. Shareholders could expect a bust if the company misses estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at]