Americas Gold And Silver Q4 EPS $(0.04) Misses $(0.03) Estimate, Sales $25.01M Miss $27.90M Estimate
Portfolio Pulse from Benzinga Newsdesk
Americas Gold And Silver (AMEX:USAS) reported Q4 earnings with a loss of $(0.04) per share, missing the $(0.03) estimate, and sales of $25.01M, missing the $27.90M estimate. Despite these misses, both losses and sales showed improvement over the previous year, with losses decreasing by 20% and sales increasing by 23.19%.
March 29, 2024 | 4:59 am
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NEGATIVE IMPACT
Americas Gold And Silver reported a Q4 EPS loss of $(0.04), missing estimates, and sales of $25.01M, also missing estimates but showing year-over-year improvement.
The missed earnings and sales estimates are likely to negatively impact investor sentiment in the short term, despite the year-over-year improvements. Typically, missing consensus estimates can lead to a decrease in stock price as it may signal to investors that the company is not performing as expected. However, the improvement over the previous year's performance could mitigate some of the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100