Taseko Mines Q2 2024 Adj. EPS C$0.10 Beats C$(0.01) Estimate, Sales C$137.730M Beat C$127.417M Estimate
Portfolio Pulse from Benzinga Newsdesk
Taseko Mines (AMEX:TGB) reported Q2 2024 adjusted EPS of C$0.10, significantly beating the analyst estimate of C$(0.01). The company also reported sales of C$137.730 million, surpassing the estimate of C$127.417 million.
August 01, 2024 | 7:00 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Taseko Mines reported Q2 2024 adjusted EPS of C$0.10, beating the analyst estimate of C$(0.01) by 1100%. Sales of C$137.730 million also exceeded the estimate of C$127.417 million, marking a 23.06% increase from the same period last year.
The significant beat in both EPS and sales compared to analyst estimates and the substantial year-over-year growth indicate strong financial performance. This is likely to positively impact TGB's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100