SSR Mining Q2 Sales $184.841M Miss $188.970M Estimate
Portfolio Pulse from Benzinga Newsdesk
SSR Mining (NASDAQ:SSRM) reported Q2 sales of $184.841 million, missing the analyst consensus estimate of $188.970 million by 2.19%. This represents a 38.60% decrease from the same period last year.
July 31, 2024 | 8:11 pm
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SSR Mining reported Q2 sales of $184.841 million, missing the analyst consensus estimate of $188.970 million by 2.19%. This is a significant 38.60% decrease from the same period last year, indicating potential challenges in the company's performance.
The miss on sales estimates and the significant year-over-year decrease in sales suggest potential operational or market challenges for SSR Mining. This is likely to negatively impact investor sentiment and the stock price in the short term.
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