SSR Mining Q4 2023 Adj EPS $0.59 Beats $0.33 Estimate, Sales $425.90M Beat $414.04M Estimate
Portfolio Pulse from Benzinga Newsdesk
SSR Mining (NASDAQ:SSRM) reported Q4 2023 adjusted EPS of $0.59, surpassing the $0.33 estimate, with sales of $425.90M exceeding the $414.04M forecast. This represents a 39.01% increase in sales compared to the same period last year.
February 27, 2024 | 9:47 pm
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POSITIVE IMPACT
SSR Mining reported a significant beat on both earnings and sales for Q4 2023, with adjusted EPS of $0.59 and sales of $425.90M, indicating strong financial performance.
The substantial beat on both earnings per share and sales compared to analyst estimates typically leads to positive investor sentiment and could result in a short-term uptick in SSR Mining's stock price. The reported growth in sales of 39.01% compared to the same period last year further underscores the company's strong performance and potential for future growth.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100