Workflow
A-Mark Precious Metals (AMRK) Q2 Earnings Miss Estimates
AMRKA-Mark Precious Metals(AMRK) ZACKS·2025-02-06 23:56

Core Insights - A-Mark Precious Metals (AMRK) reported quarterly earnings of 0.55pershare,missingtheZacksConsensusEstimateof0.55 per share, missing the Zacks Consensus Estimate of 0.86 per share, and down from 0.90pershareayearago,representinganearningssurpriseof−36.050.90 per share a year ago, representing an earnings surprise of -36.05% [1] - The company posted revenues of 2.74 billion for the quarter ended December 2024, exceeding the Zacks Consensus Estimate by 3.07%, and up from 2.08billionyear−over−year[2]−A−MarkhasnotsurpassedconsensusEPSestimatesoverthelastfourquarters,buthastoppedconsensusrevenueestimatesthreetimesduringthesameperiod[2]EarningsOutlook−ThefutureperformanceofA−Mark′sstockwilllargelydependonmanagement′scommentaryduringtheearningscallandthecompany′searningsoutlook[3][4]−CurrentconsensusEPSestimatefortheupcomingquarteris2.08 billion year-over-year [2] - A-Mark has not surpassed consensus EPS estimates over the last four quarters, but has topped consensus revenue estimates three times during the same period [2] Earnings Outlook - The future performance of A-Mark's stock will largely depend on management's commentary during the earnings call and the company's earnings outlook [3][4] - Current consensus EPS estimate for the upcoming quarter is 0.97 on revenues of 2.85billion,andforthecurrentfiscalyear,itis2.85 billion, and for the current fiscal year, it is 3.54 on revenues of $11.26 billion [7] Industry Context - The Precious Metals and Jewels industry, to which A-Mark belongs, is currently ranked in the top 34% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]