Silvercorp Metals Q3 2024 Adj EPS $0.06 Beats $0.05 Estimate, Sales $58.51M Beat $56.55M Estimate
Portfolio Pulse from Benzinga Newsdesk
Silvercorp Metals (AMEX:SVM) reported Q3 2024 adjusted EPS of $0.06, surpassing the $0.05 estimate, with sales of $58.51M exceeding the $56.55M estimate. This represents a slight 0.24% decrease in sales compared to the same period last year.
February 08, 2024 | 10:30 pm
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Silvercorp Metals reported a Q3 2024 EPS of $0.06, beating estimates, and sales of $58.51M, also above expectations but with a slight year-over-year decrease.
Beating both EPS and sales estimates typically has a positive impact on investor sentiment and stock price in the short term. The slight year-over-year sales decrease is noted but is overshadowed by the positive earnings report.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100