Trilogy Metals Q1 EPS $(0.02) Misses $(0.01) Estimate
Portfolio Pulse from Benzinga Newsdesk
Trilogy Metals (AMEX:TMQ) reported a Q1 EPS loss of $(0.02), missing the consensus estimate of $(0.01) by 100%. This represents a 33.33% improvement over the $(0.03) loss per share from the same period last year.
April 04, 2024 | 3:26 am
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NEGATIVE IMPACT
Trilogy Metals reported a Q1 EPS loss of $(0.02), missing estimates by 100% but improved from last year's $(0.03) loss.
Missing the consensus estimate by 100% is likely to negatively impact investor sentiment in the short term, despite the year-over-year improvement in losses. The miss could lead to a decrease in stock price as investors adjust their expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100