Avino Silver & Gold Mines Q3 adj EPS $0.01 Misses $0.02 Estimate, Sales $12.32M Miss $12.90M Estimate
Portfolio Pulse from bharat@benzinga.com
Avino Silver & Gold Mines (AMEX:ASM) reported Q3 earnings of $0.01 per share, missing the analyst consensus estimate of $0.02 by 50%. The company also reported quarterly sales of $12.32 million, missing the analyst consensus estimate of $12.90 million by 4.53%. However, this is a 35.07% increase over sales of $9.12 million the same period last year.
November 08, 2023 | 10:36 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Avino Silver & Gold Mines' Q3 earnings and sales missed estimates, which could negatively impact the stock price in the short term. However, the YoY increase in sales could mitigate this impact.
Avino Silver & Gold Mines' Q3 earnings and sales missed analyst estimates, which could lead to a decrease in the stock price as investors may see this as a sign of underperformance. However, the 35.07% YoY increase in sales could be seen as a positive sign of growth, potentially mitigating the negative impact of the earnings miss.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100