Pan American Silver (PAAS) reported $390.3 million in revenue for the quarter ended March 2023, representing a year-over-year decline of 11.3%. EPS of $0.10 for the same period compares to $0.15 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $354.39 million, representing a surprise of +10.13%. The company delivered an EPS surprise of +100.00%, with the consensus EPS estimate being $0.05.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Pan American Silver performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Ounce Production - La Colorada Operation - Gold: 0.7 Koz versus 1.03 Koz estimated by three analysts on average.

• AISC per ounce - Timmins Operation: $1,725 compared to the $1,590.59 average estimate based on three analysts.

• Ounce Production - Huaron Operation - Silver: 922 Koz versus the three-analyst average estimate of 988.33 Koz.

• Ounce Production - San Vicente Operation - Silver: 725 Koz versus the three-analyst average estimate of 650.71 Koz.

• Ounce Production - Dolores Operation - Silver: 544 Koz compared to the 561.73 Koz average estimate based on three analysts.

• Ounce Production - Dolores Operation - Gold: 26.5 Koz versus the three-analyst average estimate of 31.24 Koz.

• Ounce Production - Shahuindo Operation - Gold: 38.8 Koz versus the three-analyst average estimate of 39.07 Koz.

• Ounce Production - La Arena Operation - Gold: 20.1 Koz versus 20.32 Koz estimated by three analysts on average.

• Ounce Production - Timmins Operation - Gold: 34.5 Koz versus 36.71 Koz estimated by three analysts on average.

• Cash Costs Per Ounce - Silver Segment: $12.19 versus $11.82 estimated by three analysts on average.

• AISC per Ounce - Silver: $14.13 compared to the $18.15 average estimate based on three analysts.

• Cash Costs per ounce - La Colorada Operation: $15.58 compared to the $11.37 average estimate based on three analysts.

View all Key Company Metrics for Pan American Silver here>>>

Shares of Pan American Silver have returned -5.4% over the past month versus the Zacks S&P 500 composite's +0.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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