Centerra Gold Q2 Adj EPS $(0.20) Misses $(0.19) Estimate, Sales $184.50M Up From $167.65M YoY
Portfolio Pulse from bharat@benzinga.com
Centerra Gold (NYSE:CGAU) reported Q2 losses of $(0.20) per share, missing the analyst consensus estimate of $(0.19) by 5.26 percent. This is a 66.67 percent decrease over losses of $(0.12) per share from the same period last year. The company reported $184.50 million in sales this quarter, a 10.05 percent increase over sales of $167.65 million the same period last year.
July 31, 2023 | 9:43 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Centerra Gold's Q2 earnings missed estimates and showed a significant decrease in losses compared to the same period last year. However, sales increased by 10.05% YoY.
Centerra Gold's Q2 earnings missed the analyst consensus estimate and showed a significant increase in losses compared to the same period last year. This negative financial performance could lead to a decrease in the company's stock price in the short term. However, the increase in sales could mitigate some of the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100