Ur-Energy Q1 EPS $(0.07) Misses $(0.01) Estimate
Portfolio Pulse from Benzinga Newsdesk
Ur-Energy (AMEX:URG) reported a Q1 EPS loss of $(0.07), missing the analyst consensus estimate of $(0.01) by 600 percent.
May 06, 2024 | 9:35 pm
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NEGATIVE IMPACT
Ur-Energy reported a significant miss in its Q1 earnings, with a loss per share of $(0.07) compared to the expected $(0.01).
The significant miss in earnings per share (EPS) for Ur-Energy is likely to negatively impact investor sentiment and could lead to a short-term decrease in stock price. The magnitude of the miss (600%) indicates a substantial underperformance compared to market expectations, which typically results in negative market reactions.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100