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Coeur Mining, Inc.  (CDE)
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    Sector  Basic Materials    Industry Metal Mining
 
 

EARNINGS REPORT by CSIMarket

Earnings helped by tax benefit


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A $6 million tax benefit, helped Coeur Mining, Inc to post $-0.04 eps in the forth quarter 2017



Coeur Mining, Inc announced in the forth quarter 2017 surge in Sales by 20.15 % to $215 millions from the same quarter a year ago, but it has losses widen at $-0.04 per share.

Sequentially improved from $-0.09 per share and Sales improved by 21.95 % from $176 millions.

Net income of $8 millions in the forth quarter 2017 fell by -62.64 % from $20 millions in the corresponding period a year before.

The situation for Coeur Mining, Inc would be even worse, if there wasn't $6 million tax benefit, to restrain the decline to just -62.64 % in the forth quarter 2017. Coeur Mining, Inc shifted it's focus on improving sales in the forth quarter 2017, as a result net margin eased to 3.55%.

Coeur Mining, Inc reported net loss of $-1 millions and Sales of $710 millions for the fiscal year 2017.

Metal Mining company said its eps were at $-0.01 compare to $0.34 in the previous fiscal year, while Sales increased by 6.58 % from $666 millions a year ago.
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