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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100