Alamos Gold Q1 Adj EPS $0.13, Inline, Sales $277.600M Beat $272.000M Estimate
Portfolio Pulse from Benzinga Newsdesk
Alamos Gold (AGI) reported Q1 adjusted earnings per share of $0.13, meeting analyst estimates, with sales of $277.6M surpassing the $272M forecast, a 10.38% increase from the previous year.
April 24, 2024 | 9:57 pm
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Alamos Gold reported Q1 adjusted EPS of $0.13, in line with estimates, and sales of $277.6M, exceeding expectations and showing significant year-over-year growth.
Meeting earnings estimates and exceeding revenue forecasts, especially with a notable year-over-year growth, is generally viewed positively by the market. This performance could lead to increased investor confidence in AGI, potentially driving up its stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100