Pan American Silver: 2Q Earnings Snapshot

VANCOUVER, British Columbia (AP) _ Pan American Silver Corp. (PAAS) on Wednesday reported second-quarter net income of $36.7 million.

The Vancouver, British Columbia-based company said it had profit of 24 cents per share. Earnings, adjusted for non-recurring gains, were 23 cents per share.

The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 16 cents per share.

The silver mining company posted revenue of $216.5 million in the period, also topping Street forecasts. Three analysts surveyed by Zacks expected $213.6 million.

Pan American Silver shares have increased slightly more than 2 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $15.93, a rise of 1 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PAAS at https://www.zacks.com/ap/PAAS