Coeur Mining: Fourth Quarter Earnings Overview

Coeur Mining Inc. Announces Fourth-Quarter Financial Results

Coeur Mining Inc., headquartered in Chicago, revealed on Wednesday that it achieved a net income of $215 million for the fourth quarter.

The company reported earnings of 29 cents per share, with adjusted earnings—excluding one-time expenses—coming in at 35 cents per share.

These figures fell short of analysts’ predictions, as a survey by Zacks Investment Research of three analysts had projected earnings of 43 cents per share.

During the quarter, the silver mining company generated $674.7 million in revenue.

For the full year, Coeur Mining reported a total profit of $585.9 million, or 95 cents per share, with annual revenue reaching $2.07 billion.