Orla Mining's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Orla Mining (AMEX:ORLA) is scheduled to release its quarterly earnings report on March 19, 2024, with an estimated EPS of $0.01. Historical data shows a pattern of positive price changes following earnings that beat estimates. Shares are currently trading at $3.67, down 20.75% over the last year, indicating potential investor concern ahead of the earnings announcement.
March 18, 2024 | 2:01 pm
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Orla Mining is expected to report an EPS of $0.01 for the upcoming quarter. Historical performance indicates potential for positive price movement if earnings beat estimates, despite a 20.75% decline in stock price over the past year.
Given Orla Mining's history of positive price changes following earnings that exceed estimates, there's potential for short-term price appreciation. However, the stock's 20.75% decline over the past year suggests investor caution, possibly limiting the upside.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100