Sierra Metals Inc. (NASDAQ:SMTS) Expected to Post Quarterly Sales of $61.32 Million

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Analysts expect Sierra Metals Inc. (NASDAQ:SMTS) to report sales of $61.32 million for the current quarter, Zacks Investment Research reports. Two analysts have issued estimates for Sierra Metals’ earnings, with estimates ranging from $53.67 million to $68.97 million. Sierra Metals reported sales of $62.72 million in the same quarter last year, which indicates a negative year over year growth rate of 2.2%. The company is expected to report its next earnings report on Monday, August 12th.

According to Zacks, analysts expect that Sierra Metals will report full-year sales of $269.15 million for the current year, with estimates ranging from $248.24 million to $287.25 million. For the next financial year, analysts expect that the firm will report sales of $333.63 million, with estimates ranging from $265.90 million to $372.75 million. Zacks’ sales averages are a mean average based on a survey of sell-side research analysts that follow Sierra Metals.

Sierra Metals (NASDAQ:SMTS) last announced its earnings results on Monday, May 13th. The company reported $0.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.03). The firm had revenue of $49.18 million during the quarter, compared to analysts’ expectations of $56.63 million.

Shares of NASDAQ:SMTS opened at $1.25 on Monday. Sierra Metals has a 1 year low of $1.23 and a 1 year high of $2.73.

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