Endeavour Silver Q2 Adj. EPS $0.01 Misses $0.02 Estimate, Sales $50.07M Miss $53.01M Estimate
Portfolio Pulse from Benzinga Newsdesk
Endeavour Silver (NYSE:EXK) reported Q2 adjusted earnings of $0.01 per share, missing the analyst consensus estimate of $0.02 by 50%. The company also reported quarterly sales of $50.07 million, missing the estimate of $53.01 million by 5.54%. However, both earnings and sales have increased compared to the same period last year.
August 08, 2023 | 10:52 am
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NEGATIVE IMPACT
Endeavour Silver's Q2 earnings and sales missed estimates, which could negatively impact the stock in the short term. However, the YoY increase in both earnings and sales might mitigate this impact.
Endeavour Silver's Q2 earnings and sales missed analyst estimates, which could lead to a negative sentiment among investors and a potential drop in the stock price. However, the YoY increase in both earnings and sales indicates an improving financial performance, which might offset the negative impact of missing estimates.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100