Gold Resource Q1 EPS $(0.05), Inline, Sales $18.70M Beat $15.95M Estimate
Portfolio Pulse from Benzinga Newsdesk
Gold Resource (AMEX:GORO) reported Q1 EPS of $(0.05), meeting analyst estimates, with sales of $18.70M surpassing the $15.95M forecast, despite a 40.11% decrease from last year's $31.23M.
May 02, 2024 | 9:14 pm
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Gold Resource reported Q1 EPS of $(0.05), in line with estimates, and sales of $18.70M, beating the $15.95M estimate but showing a significant year-over-year decline.
While Gold Resource met EPS estimates and exceeded sales forecasts, the significant year-over-year decline in sales could temper investor enthusiasm, leading to a neutral short-term impact on the stock price.
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IMPORTANCE 90
RELEVANCE 100