Orla Mining Q4 Adj. EPS $0.05 Beats $0.01 Estimate, Sales $62.90M Up From $56.76M YoY
Portfolio Pulse from Benzinga Newsdesk
Orla Mining (AMEX:ORLA) reported Q4 adjusted EPS of $0.05, surpassing the $0.01 estimate, a 400% beat. Year-over-year, earnings decreased by 28.57% from $0.07, while sales increased by 10.82% from $56.76M to $62.90M.
March 20, 2024 | 6:10 am
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POSITIVE IMPACT
Orla Mining reported a significant beat on Q4 adjusted EPS estimates and a solid increase in sales, indicating strong financial performance.
The substantial beat on the adjusted EPS estimate and the year-over-year sales growth are strong indicators of Orla Mining's financial health and operational efficiency. This performance is likely to positively influence investor sentiment and could lead to an uptick in ORLA's stock price in the short term.
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IMPORTANCE 90
RELEVANCE 100