A-Mark Precious Metals Inc reports results for the quarter ended June 30 - Earnings Summary

• A-Mark Precious Metals Inc AMRK reported quarterly adjusted earnings of 41 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 59 cents. The mean expectation of four analysts for the quarter was for earnings of 44 cents per share. Wall Street expected results to range from 21 cents to 64 cents per share.

• Revenue fell 0.5% to $2.51 billion from a year ago; analysts expected $2.91 billion.

• A-Mark Precious Metals Inc's reported EPS for the quarter was 41 cents​.

• The company reported quarterly net income of $10.32 million.

• A-Mark Precious Metals Inc shares had risen by 10.8% this quarter and lost 10.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the non-gold precious metals & minerals peer group is also "buy"

• Wall Street's median 12-month price target for A-Mark Precious Metals Inc is $34.50, about 28.8% above its last closing price of $24.58

This summary was machine generated from LSEG data September 9 at 09:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)