Caledonia Mining Q4 Adj $0.02 Down From $0.41 YoY, Sales $38.66M Up From $34.18M YoY
Portfolio Pulse from Benzinga Newsdesk
Caledonia Mining (AMEX:CMCL) reported a significant decrease in Q4 adjusted earnings per share to $0.02, down from $0.41 YoY, despite a 13.12% increase in sales to $38.66M from $34.18M YoY.
March 28, 2024 | 3:13 pm
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Caledonia Mining's Q4 earnings per share dropped significantly to $0.02 from $0.41 YoY, despite an increase in sales to $38.66M from $34.18M YoY.
The significant decrease in earnings per share (EPS) by 95.13% YoY, despite an increase in sales, suggests operational or cost challenges that could negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100