Osisko Gold Royalties Q1 2024 Adj EPS $0.12 Misses $0.15 Estimate, Sales $45.073M Miss $61.350M Estimate
Portfolio Pulse from Benzinga Newsdesk
Osisko Gold Royalties (NYSE:OR) reported Q1 2024 adjusted EPS of $0.12, missing the $0.15 estimate, and sales of $45.073M, below the $61.350M estimate. This represents a 7.69% decrease in EPS and a 2.26% increase in sales from the same period last year.
May 08, 2024 | 9:18 pm
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Osisko Gold Royalties reported a Q1 2024 adjusted EPS of $0.12, missing estimates by 20%, and sales of $45.073M, missing estimates by 26.53%.
Missing both earnings and sales estimates significantly, especially by 20% for EPS and 26.53% for sales, is likely to negatively impact investor sentiment and the stock price in the short term. The decrease in EPS from the previous year further compounds the negative outlook.
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IMPORTANCE 90
RELEVANCE 100