Agnico Eagle Mines Q2 2024 Adj EPS $0.94 Beats $0.92 Estimate
Portfolio Pulse from Benzinga Newsdesk
Agnico Eagle Mines (NYSE:AEM) reported Q2 2024 adjusted earnings per share (EPS) of $0.94, surpassing the analyst consensus estimate of $0.92 by 2.17%.
July 31, 2024 | 9:27 pm
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POSITIVE IMPACT
Agnico Eagle Mines reported Q2 2024 adjusted EPS of $0.94, beating the analyst consensus estimate of $0.92 by 2.17%. This positive earnings surprise is likely to have a favorable short-term impact on the stock price.
The company's earnings beat the consensus estimate, which is generally viewed positively by investors and can lead to a short-term increase in the stock price. The 2.17% beat, while modest, still indicates better-than-expected performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100