New Gold Q2 2024 Adj. EPS $0.02 Beats $0.01 Estimate, Sales $218.200M Beat $214.310M Estimate
Portfolio Pulse from Benzinga Newsdesk
New Gold (AMEX:NGD) reported Q2 2024 adjusted EPS of $0.02, beating the $0.01 estimate. Sales were $218.2M, surpassing the $214.31M estimate and marking an 18.33% increase from the same period last year.
July 30, 2024 | 9:17 pm
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New Gold (AMEX:NGD) reported Q2 2024 adjusted EPS of $0.02, beating the $0.01 estimate. Sales were $218.2M, surpassing the $214.31M estimate and marking an 18.33% increase from the same period last year.
New Gold's Q2 2024 earnings and sales both exceeded analyst estimates, with significant year-over-year sales growth. This positive financial performance is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100