Endeavour Silver Q2 Sales $58.30M Miss $65.94M Estimate
Portfolio Pulse from Benzinga Newsdesk
Endeavour Silver (NYSE:EXK) reported Q2 sales of $58.30 million, missing the analyst consensus estimate of $65.94 million by 11.59%. Despite the miss, sales increased by 16.43% compared to the same period last year.
August 01, 2024 | 10:51 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Endeavour Silver reported Q2 sales of $58.30 million, missing the analyst consensus estimate of $65.94 million by 11.59%. Despite the miss, sales increased by 16.43% compared to the same period last year.
The miss on sales estimates by 11.59% is likely to have a negative short-term impact on EXK's stock price. However, the year-over-year sales increase of 16.43% may mitigate some of the negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100