Coeur Mining reported third-quarter EPS of US$0.1489, below the US$0.16 estimate. The miss was smaller than the previous quarter’s shortfall. The company has also expanded its Canadian operations through its acquisition of New Gold.
Coeur Mining (TSX: CDE) reported results after the market close on November 4 for the quarter ended September 30, 2026. EPS came in 6.9% below the estimate. In the second quarter, EPS was US$0.1631 versus an estimate of US$0.26. In the first quarter, it was US$0.4845 against an estimate of US$0.38. The New Gold acquisition added the New Afton mine in British Columbia and the Rainy River mine in Ontario, expanding Coeur’s Canadian footprint. The available results don’t include revenue or margin comparisons, so this article focuses on EPS and the market and company information provided.
Recent earnings trend
Coeur Mining, Inc
CDE.TO
CDE.TO
Coeur Mining, Inc
WealthAwesomeMarket cap
$23.73B
P/E
20.7x
Div. yield
0.09%
Div. / share
$0.02
52W high
$31.05
52W low
$17.76
1W change
+5.31%
Beta
1.44
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on CDE's historical volatility
30-Day Vol
65.7%
Annualized
90-Day Vol
68.2%
Annualized
Trend (90d)
-50.0%
Annualized drift
90d Mean
C$17.93
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$20.19 | C$16.10 – C$25.33 |
| 60 trading days | C$19.02 | C$13.81 – C$26.21 |
| 90 trading days | C$17.93 | C$12.11 – C$26.54 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Analyst coverage: Limited — historical beat/miss data exists for 32 quarter(s), but no upcoming consensus.
Beat estimates in 2 of the last 4 comparable quarter(s).
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-12-31 | 2027-02-17 | — | 0.2800 | — |
| 2026-09-30 | 2026-11-04 | 0.1489 | 0.1600 | -6.9% |
| 2026-06-30 | 2026-08-05 | 0.1631 | 0.2600 | -37.3% |
| 2026-03-31 | 2026-05-06 | 0.4845 | 0.3800 | +27.5% |
| 2025-12-31 | 2026-02-19 | 0.4641 | — | — |
| 2025-09-30 | 2025-10-30 | 0.5698 | — | — |
Investor takeaway: The latest EPS miss was modest compared with the previous quarter’s, but Coeur has missed estimates in two of its last four reported quarters. Investors will want to watch execution and how the newly acquired Canadian mines perform. The available data doesn’t include quarterly revenue, production, costs or management guidance, so it can’t explain the miss or show how the acquired mines are contributing.
EPS of US$0.1489 versus US$0.16 estimate
Coeur’s 6.9% shortfall was smaller than the 37.3% miss for the quarter ended June 30. Still, the company has missed estimates in two of its last four reported quarters. It beat estimates in the first quarter, but the available information doesn’t explain what drove the changes.
Bull case
Coeur remains profitable based on the available figures, with trailing 12-month EPS of US$1.12 and a profit margin of 19.25%. The New Gold acquisition added two Canadian mines, and Coeur announced exploration programs at New Afton and Rainy River in September. If the mines contribute as expected and operating results improve, they could support the business beyond this quarter’s below-estimate EPS. The available information doesn’t include mine-level results or production forecasts.
Bear case
Coeur missed estimates in both the second and third quarters. At the latest supplied close, its share price was below its 50-day and 200-day moving averages. The stock was down 12.46% over one month but up 5.31% over one week. These figures show recent performance, not how the market reacted to the November 4 report. Without revenue, cost or production details, investors can’t tell whether the latest miss reflects a temporary issue or a longer-term operating challenge.
Analysis
Coeur reported EPS of US$0.1489 for the quarter ended September 30, compared with an estimate of US$0.16. That’s a 6.9% miss. The company released its results after the market close on November 4. The available earnings data doesn’t include revenue, operating margins, production figures or management guidance, so it doesn’t explain the shortfall.
Recent results have been mixed. EPS was below estimates in the quarters ended June 30 and September 30, but above estimate in the quarter ended March 31. Coeur beat estimates in two of its last four reported quarters. The earnings trend table and chart show the quarter-by-quarter comparison.
Analysis
Coeur completed its acquisition of New Gold on March 20, adding the New Afton mine in British Columbia and the Rainy River mine in Ontario. In September, the company outlined exploration programs at both mines, with planned 2026 spending of about US$24 million at New Afton and US$18 million at Rainy River, according to the supplied company-news summary.
The Canadian mines could affect future results, but the available information doesn’t include their production, costs or quarterly contributions. For more on the company, visit the Coeur Mining stock page.
Analysis
At the latest supplied close, Coeur shares were C$21.43, below the 50-day moving average of C$24.60 and the 200-day average of C$24.67. The shares were down 12.46% over one month and up 5.31% over one week. These figures show recent market performance and don’t establish how shares reacted to the earnings report.
The Wealth Awesome statistical 90-day price model gives a mean forecast of C$17.93. Its 68% range is C$12.11 to C$26.54, and its 95% range is C$8.18 to C$39.30. This is a statistical model, not financial advice or a guarantee of future performance. See the Coeur Mining price-prediction page for details.
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