Orla Mining Q2 Adj EPS $5.00 Beats $0.05 Estimate, Sales $59.27M Up From $47.80M YoY
Portfolio Pulse from sunil@benzinga.com
Orla Mining reported Q2 earnings of $5.00 per share, beating the analyst consensus estimate of $0.05 by 9900%. This is a 12400% increase from the same period last year. The company also reported $59.27 million in sales, a 24.01% increase YoY.
August 04, 2023 | 2:44 pm
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Orla Mining's Q2 earnings significantly exceeded expectations, which could positively impact the company's stock price in the short term.
Orla Mining's Q2 earnings per share of $5.00 significantly beat the analyst consensus estimate of $0.05. This positive earnings surprise is typically a bullish signal for the stock, as it indicates the company's operations are performing better than expected. Additionally, the company's sales increased by 24.01% YoY, further indicating strong performance.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100