Dorchester Minerals Q2 EPS $0.50 Down From $0.96 YoY, Sales $30.62M Down From $47.46M YoY
Portfolio Pulse from Happy Mohamed
Dorchester Minerals (NASDAQ:DMLP) reported Q2 earnings of $0.50 per share, a 47.92% decrease YoY. The company also reported sales of $30.62M, a 35.48% decrease YoY.
August 04, 2023 | 2:20 pm
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NEGATIVE IMPACT
Dorchester Minerals reported a significant decrease in Q2 earnings and sales YoY.
The significant decrease in both earnings and sales YoY indicates a negative performance for Dorchester Minerals. This could potentially lead to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100