Published on 28 Jul 2022 on Zacks via Yahoo Finance

Can Sierra Metals Inc. (SMTS) Keep the Earnings Surprise Streak Alive?

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Sierra Metals Inc. (SMTS), which belongs to the Zacks Mining - Miscellaneous industry.

This company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 33.33%.

For the last reported quarter, Sierra Metals Inc. Came out with earnings of $0.04 per share versus the Zacks Consensus Estimate of $0.03 per share, representing a surprise of 33.33%. For the previous quarter, the company was expected to post earnings of $0.03 per share and it actually produced earnings of $0.04 per share, delivering a surprise of 33.33%.