Alamos Gold Q4 Adj EPS $0.12 Beats $0.11 Estimate, Sales $254.60M Miss $261.48M Estimate
Portfolio Pulse from Benzinga Newsdesk
Alamos Gold (NYSE:AGI) reported Q4 adjusted EPS of $0.12, surpassing the $0.11 estimate, marking a 33.33% increase from last year. However, their sales of $254.60M fell short of the $261.48M estimate, despite being a 9.79% increase from the previous year.
February 21, 2024 | 10:09 pm
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Alamos Gold reported a Q4 adjusted EPS of $0.12, beating estimates, with a 33.33% YOY increase. Sales reached $254.60M, missing estimates but up 9.79% YOY.
The positive earnings beat may provide short-term positive sentiment, offset by the slight miss in sales expectations. The significant year-over-year growth in both earnings and sales underlines the company's improving financial health, which could support the stock price. However, the mixed results could lead to neutral short-term price movement as investors weigh the earnings beat against the sales miss.
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