i-80 Gold Q4 Adj. EPS $(0.07) Down From $(0.05) YoY, Sales $25.84M Up From $11.65M YoY
Portfolio Pulse from Benzinga Newsdesk
i-80 Gold reported a Q4 adjusted EPS of $(0.07), a 40% decrease from $(0.05) YoY. However, sales increased by 121.83% to $25.84M from $11.65M YoY.
March 13, 2024 | 6:19 am
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NEUTRAL IMPACT
i-80 Gold's Q4 earnings report shows a decrease in adjusted EPS but a significant increase in sales.
The decrease in adjusted EPS indicates a drop in profitability per share, which could concern investors. However, the substantial increase in sales suggests significant revenue growth, which might offset concerns about profitability in the short term. The mixed nature of these results makes the short-term impact on the stock price uncertain, hence a neutral score.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100