Denison Mines Q1 EPS $(0.01), Inline, Sales $617.29K Down From $1.47M YoY
Portfolio Pulse from Benzinga Newsdesk
Denison Mines (AMEX:DNN) reported Q1 earnings per share (EPS) of $(0.01), meeting analyst expectations. However, their sales for the quarter were $617.29K, a significant decrease of 57.86% from $1.47M in the same period last year.
May 09, 2024 | 7:06 am
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Denison Mines reported a Q1 EPS of $(0.01), aligning with expectations, but saw a significant sales decrease of 57.86% YoY to $617.29K.
The alignment of EPS with analyst expectations may not significantly impact the stock price. However, the substantial decrease in sales year-over-year is likely to be viewed negatively by investors, potentially leading to a decrease in stock price in the short term.
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IMPORTANCE 90
RELEVANCE 100