Here's What Key Metrics Tell Us About Pan American Silver (PAAS) Q1 Earnings

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Here's What Key Metrics Tell Us About Pan American Silver (PAAS) Q1 Earnings

Pan American Silver (PAAS) reported $1.15 billion in revenue for the quarter ended March 2026, representing a year-over-year increase of 49.3%. EPS of $1.09 for the same period compares to $0.42 a year ago.

The reported revenue represents a surprise of -7.38% over the Zacks Consensus Estimate of $1.25 billion. With the consensus EPS estimate being $1.06, the EPS surprise was +2.59%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Pan American Silver performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Average Realized Prices per ounce - Gold: $4,859.00 versus the eight-analyst average estimate of $4,798.77. Average Realized Prices per ounce - Silver: $89.43 versus $82.06 estimated by eight analysts on average. Ounces Produce - Gold (Silver and Gold Production): 169.20 Koz versus the seven-analyst average estimate of 171.99 Koz. Ounces Produce - Silver (Silver and Gold Production): 6,435.00 Koz versus the seven-analyst average estimate of 6,395.29 Koz. Ounce Production - La Colorada Operation - Gold: 1.10 Koz versus 0.64 Koz estimated by seven analysts on average. Ounce Production - La Colorada Operation - Silver: 1,567.00 Koz versus the seven-analyst average estimate of 1,454.31 Koz. Ounce Production - Huaron Operation - Silver: 706.00 Koz versus the seven-analyst average estimate of 812.67 Koz. Ounce Production - San Vicente Operation - Silver: 637.00 Koz versus the seven-analyst average estimate of 623.26 Koz. Ounce Production - Dolores Operation - Silver: 125.00 Koz versus 117.95 Koz estimated by seven analysts on average. Ounce Production - Dolores Operation - Gold: 4.80 Koz versus the seven-analyst average estimate of 5.04 Koz. Ounce Production - Shahuindo Operation - Silver: 44.00 Koz compared to the 56.37 Koz average estimate based on seven analysts. Ounce Production - Shahuindo Operation - Gold: 26.90 Koz versus the seven-analyst average estimate of 28.56 Koz.

View all Key Company Metrics for Pan American Silver here>>>

Shares of Pan American Silver have returned -8.7% over the past month versus the Zacks S&P 500 composite's +9.5% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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