Gatos Silver Q2 EPS $(0.05) Misses $0.01 Estimate
Portfolio Pulse from Benzinga Newsdesk
Gatos Silver (NYSE:GATO) reported Q2 losses of $(0.05) per share, missing the analyst consensus estimate of $0.01 by 600 percent. This represents a 162.5 percent decrease over earnings of $0.08 per share from the same period last year.
August 09, 2023 | 5:27 am
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Gatos Silver's Q2 earnings per share of $(0.05) significantly missed the consensus estimate, indicating a potential negative impact on the stock.
Gatos Silver's Q2 earnings per share missed the consensus estimate by a significant margin. This underperformance is likely to negatively impact investor sentiment and could lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100