Alamos Gold Q2 2024 Adj. EPS $0.24 Beats $0.18 Estimate, Sales $332.600M Beat $268.984M Estimate
Portfolio Pulse from Benzinga Newsdesk
Alamos Gold (NYSE:AGI) reported Q2 2024 adjusted EPS of $0.24, beating the $0.18 estimate, and sales of $332.6M, surpassing the $268.984M estimate. This represents a 60% increase in EPS and a 27.43% increase in sales compared to the same period last year.
July 31, 2024 | 9:02 pm
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Alamos Gold (NYSE:AGI) reported strong Q2 2024 results with EPS of $0.24 beating estimates by 33.33% and sales of $332.6M exceeding expectations by 23.65%. This indicates robust financial performance and growth.
The significant beat on both EPS and sales estimates, along with substantial year-over-year growth, suggests strong financial health and positive market sentiment for Alamos Gold. This is likely to drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100