Comstock Q3 EPS $0.11 Beats $0.02 Estimate, Sales $760.72K Miss $1.16M Estimate
Portfolio Pulse from mahesh@benzinga.com
Comstock (AMEX:LODE) reported Q3 earnings of $0.11 per share, beating the analyst consensus estimate of $0.02 by 450%. This is a 257.14% increase over losses of $(0.07) per share from the same period last year. However, the company's quarterly sales of $760.72K missed the analyst consensus estimate of $1.16M by 34.42%. This is a 1.81K% increase over sales of $39.85K the same period last year.
October 26, 2023 | 8:39 pm
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Comstock's Q3 earnings beat estimates but sales missed, indicating mixed performance. The significant YoY increase in earnings and sales may positively impact the stock.
Comstock's earnings beat estimates, which is a positive signal for investors. However, the missed sales estimate could be a concern. The significant YoY increase in both earnings and sales indicates strong growth, which could positively impact the stock in the short term.
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IMPORTANCE 80
RELEVANCE 100