SSR Mining Q2 EPS $0.35 Beats $0.15 Estimate, Sales $301.03M Beat $288.00M Estimate
Portfolio Pulse from Benzinga Newsdesk
SSR Mining reported Q2 earnings of $0.35 per share, beating the analyst consensus estimate of $0.15 by 133.33%. This is a 16.67% increase from the same period last year. The company also reported quarterly sales of $301.03 million, beating the analyst consensus estimate of $288.00 million by 4.52%. However, this is a 5.81% decrease from the same period last year.
August 04, 2023 | 10:46 am
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POSITIVE IMPACT
SSR Mining's Q2 earnings and sales beat estimates, which could positively impact the stock. However, the decrease in sales compared to last year might temper this impact.
SSR Mining's earnings beat estimates, which is typically a positive signal for the stock. However, the decrease in sales compared to the same period last year might be a concern for investors, potentially tempering the positive impact of the earnings beat.
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