Coeur Mining Q1 2024 GAAP EPS $(0.05), Inline, Sales $213.100M Miss $223.800M Estimate
Portfolio Pulse from Benzinga Newsdesk
Coeur Mining (NYSE:CDE) reported Q1 2024 GAAP EPS of $(0.05), meeting analyst consensus estimates, but missed sales forecasts with $213.100M against an expected $223.800M, marking a 13.78% increase from the previous year.
May 01, 2024 | 10:04 pm
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NEUTRAL IMPACT
Coeur Mining reported Q1 2024 earnings with EPS in line with estimates but missed revenue expectations, showing a significant year-over-year sales increase.
Coeur Mining's EPS meeting expectations indicates operational stability, but the miss on revenue forecasts could concern investors about growth prospects. The year-over-year sales increase, however, suggests an underlying positive trend that might mitigate negative reactions. The neutral score reflects the mixed nature of the report, balancing the EPS achievement with the slight revenue shortfall.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100