Hecla Mining Q4 2023 Adj EPS $(0.04) Misses $(0.02) Estimate, Sales $160.69M Beat $151.87M Estimate
Portfolio Pulse from Benzinga Newsdesk
Hecla Mining (NYSE:HL) reported Q4 2023 adjusted EPS of $(0.04), missing the $(0.02) estimate, but sales of $160.69M exceeded the $151.87M estimate, a 17.52% decrease from the previous year.
February 14, 2024 | 11:01 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Hecla Mining reported a Q4 2023 adjusted EPS of $(0.04), missing estimates, with sales of $160.69M beating expectations but showing a 17.52% YOY decrease.
The missed EPS estimate is likely to negatively impact investor sentiment in the short term, despite the sales beat. The significant year-over-year decrease in sales further compounds concerns about the company's revenue trajectory.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100