Earnings Outlook For Gold Resource
Portfolio Pulse from Benzinga Insights
Gold Resource (AMEX:GORO) is scheduled to release its quarterly earnings report on February 13, 2024, with analysts expecting an EPS of $-0.09. The company's past earnings performance shows a history of not meeting EPS estimates, leading to significant share price drops. Shares are currently trading at $0.255, reflecting a 77.45% decrease over the last 52 weeks. Investors are looking for positive guidance for the next quarter to potentially influence the stock's performance.
February 12, 2024 | 7:01 pm
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Gold Resource is expected to report a Q4 EPS of $-0.09 on Feb 13, 2024. Historical performance shows significant price volatility post-earnings, with shares currently down 77.45% over the last year.
Given Gold Resource's history of not meeting EPS estimates and the subsequent negative impact on its share price, there is a high likelihood of a negative short-term impact on GORO's stock price if the trend continues. The anticipation of the earnings report, coupled with the company's past performance and the current low share price, suggests a cautious outlook.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100