Sandstorm Gold Q3 Sales $41.32M Miss $41.40M Estimate
Portfolio Pulse from totan@benzinga.com
Sandstorm Gold (NYSE:SAND) reported Q3 sales of $41.32 million, missing the analyst consensus estimate of $41.40 million by 0.18 percent. However, this represents a 6.09 percent increase over sales of $38.95 million in the same period last year.
November 06, 2023 | 10:04 pm
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Sandstorm Gold's Q3 sales slightly missed estimates but showed a YoY increase. This mixed result may lead to uncertain short-term price movements.
Sandstorm Gold's Q3 sales missed the analyst consensus estimate slightly, which could negatively impact the stock price. However, the YoY increase in sales could be seen as a positive sign, potentially offsetting the negative impact. Therefore, the short-term price direction is uncertain.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100