Sandstorm Gold Q4 2023 GAAP EPS $0.08 Beats $0.01 Estimate, Sales $44.50M Beat $43.77M Estimate
Portfolio Pulse from Benzinga Newsdesk
Sandstorm Gold (NYSE:SAND) reported Q4 2023 earnings of $0.08 per share, surpassing the $0.01 estimate, with sales of $44.50M beating the $43.77M estimate, marking a 15.74% increase from the previous year.
February 15, 2024 | 10:17 pm
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POSITIVE IMPACT
Sandstorm Gold reported a significant beat on both earnings per share and sales for Q4 2023, with a notable year-over-year sales increase.
Beating earnings and sales estimates significantly, especially by 700% for EPS, is likely to instill investor confidence and could lead to a short-term price increase. The year-over-year sales growth further emphasizes the company's strong performance and potential for future growth.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100