Tahoe Resources Inc Expected to Post Q4 2017 Earnings of ($0.04) Per Share (THO)

Tahoe Resources Inc (TSE:THO) (NASDAQ:TAHO) – Investment analysts at National Bank Financial issued their Q4 2017 earnings per share (EPS) estimates for Tahoe Resources in a research note issued to investors on Wednesday. National Bank Financial analyst M. Parkin forecasts that the company will post earnings of ($0.04) per share for the quarter. National Bank Financial currently has a “Sector Perform” rating and a $7.50 price objective on the stock. National Bank Financial also issued estimates for Tahoe Resources’ FY2018 earnings at $0.32 EPS.

Tahoe Resources (TSE:THO) (NASDAQ:TAHO) last posted its earnings results on Monday, November 6th. The company reported C($0.03) earnings per share for the quarter, missing analysts’ consensus estimates of C($0.01) by C($0.02). The company had revenue of C$194.67 million for the quarter. Tahoe Resources had a negative return on equity of 1.27% and a negative net margin of 5.40%.

A number of other equities analysts also recently issued reports on the company. CIBC reduced their price target on Tahoe Resources from C$7.50 to C$6.50 in a research report on Thursday, December 14th. Canaccord Genuity reduced their price target on Tahoe Resources from C$11.00 to C$10.50 in a research report on Friday, October 20th. Finally, TD Securities reduced their price target on Tahoe Resources from C$8.50 to C$8.00 in a research report on Wednesday, October 11th. Five investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of C$8.69.

Tahoe Resources (TSE THO) opened at C$5.23 on Monday. The stock has a market capitalization of $1,660.00, a price-to-earnings ratio of 13.41 and a beta of 0.01. Tahoe Resources has a 12-month low of C$5.21 and a 12-month high of C$12.98.

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Tahoe Resources Company Profile

Tahoe Resources Inc is a mine operations, and mineral exploration and development company. The Company’s principal business activities are the exploration, development, operation and acquisition of mineral properties for the mining of precious metals in the Americas. Its business involves operating the Escobal mine, a silver mining operation located in southeastern Guatemala, the La Arena and Shahuindo mines, gold mining operations located in northwestern Peru, and the Bell Creek mine and mill and the Timmins West mine, gold mining operations located in northeastern Ontario, Canada.

Earnings History and Estimates for Tahoe Resources (TSE:THO)

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