Equity Profile

CDE

Coeur Mining, Inc.

MaterialsGold$18.9B

Oct31Fri

Pre-Earnings Brief

UpcomingQ2-2026Pre-Market9:00 AM EDT

Company Snapshot

Coeur Mining, Inc. is a leading gold mining company focused on the exploration, development, and production of precious metals....

Key Metrics to Watch

Gold Production

This metric indicates the company's operational efficiency and ability to generate revenue from its mining activities.

N/A

Cost of Goods Sold (COGS)

Monitoring COGS helps investors understand the company's profitability and cost management strategies.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

CDE Q2-2026 Earnings Preview

Context

Company Snapshot

Coeur Mining, Inc. is a leading gold mining company focused on the exploration, development, and production of precious metals. Operating in the materials sector, Coeur plays a significant role in the gold industry, which is influenced by global economic conditions and investor sentiment toward safe-haven assets.

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

63%

Avg EPS Surprise

+72.15%

Avg Stock Reaction

+0.57%

Last Quarter Recap

In Q1-2026, Coeur Mining reported an EPS of $0.36, slightly missing the analyst estimate of $0.37. Following the announcement, the stock rose by 9.46% the next day, indicating a positive market reaction despite the miss.

Management Promises & Guidance

Focus on improving operational efficiencies.
Commitment to reducing production costs.
Plans to enhance exploration activities.

Expectations

Wall Street Expectations

Overall, expectations for Coeur Mining's upcoming earnings are cautious, given the mixed results from previous quarters. Investors are keen to see how the company addresses cost management and production efficiency.

Bull Case

If Coeur can demonstrate strong gold production and effective cost controls, it could lead to a significant upside in stock price, especially if gold prices remain favorable.

Bear Case

Conversely, if production costs rise or gold output declines, it may raise concerns about profitability, leading to a negative market reaction.

Expectations

Two Questions That Matter

The print will turn on these two things.

What is the expected gold production for Q2-2026?

Gold production levels will directly impact revenue and profitability, making this a key focus for investors.

How has the company managed its production costs in the current quarter?

Cost management is critical for maintaining margins, especially in a fluctuating gold price environment.

Edge

What the Street Is Missing

Why consensus could be wrong

The market may underestimate Coeur's ability to manage costs effectively, especially given recent operational improvements that haven't been fully reflected in analyst estimates.

Supporting Evidence

Coeur has a history of outperforming on production when market conditions are favorable.

The options market suggests a larger move than historically realized, indicating potential for a surprise.

Recent operational efficiencies may not be fully appreciated by investors.

Key Risk

If production costs come in below $1,100 per ounce, it could significantly alter the market's perception of the company's profitability.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter, the focus is on production efficiency and cost management, which are crucial for the company's profitability.

Bull Confirmed If

Gold production exceeding 100,000 ounces would support the bull case.

Bear Confirmed If

Production costs rising above $1,200 per ounce would confirm the bear case.

Pre-Earnings Positioning

Options Market

Implied Move

±6.54%

Historical Avg

±3.0%

Pricing rich

The options market is pricing in a significant move around the earnings announcement, suggesting heightened uncertainty or anticipation among investors.

Options are pricing ±6.5% while CDE has averaged ±3.0% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.9%

30d HV

68.1%

Calls (1.6M)P/C Ratio: 0.34Puts (433K)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter miss + options pricing rich in Materials

n=30

Fade rate: 11 of 29 (38%)

This setup has occurred 30 times across Materials in the last 2 years. 18 of 29 (62%) held or extended their move within 5 days — this setup typically holds direction. The average absolute 1-day move is 3.5%, with a raw directional average of +1.7% (modestly positive historical bias).

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Coeur beats expectations, history suggests a potential stock increase of around 0.7%, confirming a positive outlook for the company.

In-Line / Cautious

If results are in line with expectations, the stock may experience a muted reaction, reflecting cautious investor sentiment.

Miss

Should the company miss earnings expectations, history indicates a potential decline of about 2.68%, raising concerns about operational challenges.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Updates on gold production targets for the quarter.
2Details on cost management strategies and their effectiveness.
3Any commentary on market conditions affecting gold prices.
4Insights into exploration activities and future projects.
5Management's outlook on the broader economic environment.

See the full picture

AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.

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Company Snapshot

Coeur Mining, Inc. is a leading gold mining company focused on the exploration, development, and production of precious metals....

Key Metrics to Watch

Gold Production

This metric indicates the company's operational efficiency and ability to generate revenue from its mining activities.

N/A

Cost of Goods Sold (COGS)

Monitoring COGS helps investors understand the company's profitability and cost management strategies.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

CDE Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

63%

Avg EPS Surprise

+72.15%

Avg Stock Reaction

+0.57%

Last Quarter Recap

Management Promises & Guidance

Focus on improving operational efficiencies.
Commitment to reducing production costs.
Plans to enhance exploration activities.

Expectations

Wall Street Expectations

Bull Case

If Coeur can demonstrate strong gold production and effective cost controls, it could lead to a significant upside in stock price, especially if gold prices remain favorable.

Bear Case

Conversely, if production costs rise or gold output declines, it may raise concerns about profitability, leading to a negative market reaction.

Expectations

Two Questions That Matter

The print will turn on these two things.

What is the expected gold production for Q2-2026?

Gold production levels will directly impact revenue and profitability, making this a key focus for investors.

How has the company managed its production costs in the current quarter?

Cost management is critical for maintaining margins, especially in a fluctuating gold price environment.

Edge

What the Street Is Missing

Why consensus could be wrong

The market may underestimate Coeur's ability to manage costs effectively, especially given recent operational improvements that haven't been fully reflected in analyst estimates.

Supporting Evidence

Coeur has a history of outperforming on production when market conditions are favorable.

The options market suggests a larger move than historically realized, indicating potential for a surprise.

Recent operational efficiencies may not be fully appreciated by investors.

Key Risk

If production costs come in below $1,100 per ounce, it could significantly alter the market's perception of the company's profitability.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter, the focus is on production efficiency and cost management, which are crucial for the company's profitability.

Bull Confirmed If

Gold production exceeding 100,000 ounces would support the bull case.

Bear Confirmed If

Production costs rising above $1,200 per ounce would confirm the bear case.

Pre-Earnings Positioning

Options Market

Implied Move

±6.54%

Historical Avg

±3.0%

Pricing rich

The options market is pricing in a significant move around the earnings announcement, suggesting heightened uncertainty or anticipation among investors.

Options are pricing ±6.5% while CDE has averaged ±3.0% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.9%

30d HV

68.1%

Calls (1.6M)P/C Ratio: 0.34Puts (433K)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter miss + options pricing rich in Materials

n=30

Fade rate: 11 of 29 (38%)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Coeur beats expectations, history suggests a potential stock increase of around 0.7%, confirming a positive outlook for the company.

In-Line / Cautious

If results are in line with expectations, the stock may experience a muted reaction, reflecting cautious investor sentiment.

Miss

Should the company miss earnings expectations, history indicates a potential decline of about 2.68%, raising concerns about operational challenges.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Updates on gold production targets for the quarter.
2Details on cost management strategies and their effectiveness.
3Any commentary on market conditions affecting gold prices.
4Insights into exploration activities and future projects.
5Management's outlook on the broader economic environment.