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.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100