Endeavour Silver Q3 Adj EPS $(0.04) Misses $0.01 Estimate, Sales $49.50M Beat $43.91M Estimate
Portfolio Pulse from Benzinga Newsdesk
Endeavour Silver (NYSE:EXK) reported Q3 adjusted losses of $(0.04) per share, missing the analyst consensus estimate of $0.01 by 500%. This is a 100% decrease from the same period last year. However, the company reported quarterly sales of $49.50 million, beating the analyst consensus estimate of $43.91 million by 12.73%, a 24.85% increase from last year.
November 07, 2023 | 11:52 am
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NEGATIVE IMPACT
Endeavour Silver's Q3 earnings missed estimates significantly, but sales exceeded expectations.
Endeavour Silver's Q3 earnings missed estimates by a large margin, which could negatively impact investor sentiment and the stock price. However, the company's sales exceeded estimates, which could offset some of the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100