Hecla Mining's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Hecla Mining (NYSE:HL) is expected to report an EPS of $-0.02 in its upcoming quarterly earnings on 2024-02-14. Analysts and investors are looking for an earnings beat and positive guidance for future growth. The company's past earnings performance shows a pattern of not meeting EPS estimates, leading to subsequent drops in share price. Over the last year, HL shares have declined by 31.54%, reflecting investor concerns. The upcoming earnings report is crucial for investor sentiment.
February 13, 2024 | 3:02 pm
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Hecla Mining is anticipated to report a quarterly EPS of -$0.02, with past performances showing a trend of not meeting expectations and subsequent share price declines. The stock has seen a 31.54% decrease over the past year, making this report critical for future investor sentiment.
Given Hecla Mining's history of not meeting EPS estimates and the subsequent negative impact on its share price, the anticipation of a similar scenario could lead to a short-term decrease in stock price, especially if the earnings report fails to meet or exceed expectations. The significant annual decline in share price further emphasizes the importance of this earnings report for investor sentiment.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100