Silvercorp Metals Q2 Adj EPS $0.07 Beats $0.05 Estimate, Sales $53.99M Beat $51.10M Estimate
Portfolio Pulse from Benzinga Newsdesk
Silvercorp Metals reported Q2 earnings of $0.07 per share, beating the analyst consensus estimate of $0.05 by 40%. The company also reported quarterly sales of $53.99 million, surpassing the analyst consensus estimate of $51.10 million by 5.66%. Both earnings and sales have increased compared to the same period last year.
November 09, 2023 | 10:46 pm
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Silvercorp Metals' Q2 earnings and sales beat estimates, which could positively impact the stock price.
Silvercorp Metals reported better than expected Q2 earnings and sales, which is typically a positive signal for the stock price. Investors may interpret this as a sign of strong financial performance, potentially leading to increased demand for the stock.
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