TRX Gold Q3 Sales $9.32M Miss $12.29M Estimate
Portfolio Pulse from Benzinga Newsdesk
TRX Gold (AMEX:TRX) reported Q3 sales of $9.32 million, missing the analyst consensus estimate of $12.29 million by 24.19 percent. However, this is a 62.54 percent increase over sales of $5.73 million the same period last year.
July 17, 2023 | 10:38 am
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TRX Gold's Q3 sales missed analyst estimates by 24.19%, but showed a 62.54% YoY increase.
TRX Gold's Q3 sales missed the analyst consensus estimate by a significant margin, which could negatively impact investor sentiment and the stock price in the short term. However, the YoY increase in sales might mitigate some of this negative impact.
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