New Gold Q2 EPS $0.02, Inline, Sales $184.40M Beat $182.34M Estimate
Portfolio Pulse from totan@benzinga.com
New Gold (AMEX:NGD) reported Q2 earnings of $0.02 per share, in line with analyst consensus. This is a 200% increase from the same period last year. The company's quarterly sales of $184.40 million beat the analyst consensus estimate of $182.34 million by 1.13%, a 59.38% increase from last year.
July 26, 2023 | 10:24 pm
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POSITIVE IMPACT
New Gold's Q2 earnings met expectations and sales beat estimates, indicating a strong financial performance.
New Gold's Q2 earnings were in line with analyst expectations, indicating stability. The company's sales exceeded estimates, suggesting strong demand for its products. This strong financial performance could boost investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100