Avino Silver & Gold Mines Q4 EPS $0.02 Beats $0.01 Estimate, Sales $12.53M Beat $12.02M Estimate
Portfolio Pulse from dijoy@benzinga.com
Avino Silver & Gold Mines (AMEX:ASM) reported Q4 earnings of $0.02 per share, surpassing the $0.01 estimate, with sales of $12.53M beating the $12.02M estimate. However, this reflects a decrease from the previous year's earnings and sales.
March 20, 2024 | 10:49 pm
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Avino Silver & Gold Mines reported higher-than-expected Q4 earnings and sales, but both metrics show a decrease from the previous year.
ASM's earnings and sales beat may positively impact its stock price in the short term due to the positive surprise against estimates. However, the year-on-year decrease in both earnings and sales could temper investor enthusiasm, suggesting a cautious optimism.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100