Hecla Mining Q1 2024 GAAP EPS $(0.01), Inline, Sales $189.500M Beat $188.550M Estimate
Portfolio Pulse from Benzinga Newsdesk
Hecla Mining (NYSE:HL) reported Q1 2024 GAAP EPS of $(0.01), meeting analyst consensus estimates, with sales of $189.5M surpassing the $188.55M estimate, a 0.50% beat. However, this represents a 5.01% decrease in sales compared to the same period last year.
May 08, 2024 | 9:18 pm
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NEUTRAL IMPACT
Hecla Mining reported Q1 2024 earnings with EPS of $(0.01), in line with estimates, and sales of $189.5M, slightly above expectations but showing a year-over-year decline.
The EPS meeting estimates and a slight beat in sales might be viewed positively by investors, but the year-over-year decline in sales could raise concerns about growth prospects. The neutral score reflects the balance between the positive beat and the negative sales trend.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100