Coeur Mining reports Q1 adjusted EPS 11c, consensus (1c)

Reports Q1 revenue $360.062M vs $213.06M last year. “Coeur’s balanced portfolio of five North American operations had a solid first three months of the year, which puts us in a strong position to deliver record operational and financial results in 2025,” said Mitchell Krebs, Chairman, President and Chief Executive Officer. “Despite the first quarter being our softest quarter of the year, we achieved our fourth consecutive quarter of positive earnings per share and delivered $18 million of free cash flow even after approximately $130 million of one-time and first-quarter specific outflows. The Company’s quarterly adjusted EBITDA jumped sharply to $149 million, bringing our last twelve-month total to $444 million and keeping us on-track to generate over $700 million of adjusted EBITDA at much higher overall margins this year. It was less than twenty-four months ago that our last twelve-month adjusted EBITDA was just $102 million, which highlights the magnitude of the Company’s transformation after several years of heavy investment, the impact of the recent SilverCrest acquisition, and the added benefit of higher gold and silver prices.