Centerra Gold Q2 2024 Adj. EPS $0.23 Beats $0.16 Estimate, Sales $282.300M Miss $291.600M Estimate
Portfolio Pulse from Benzinga Newsdesk
Centerra Gold (NYSE:CGAU) reported Q2 2024 adjusted EPS of $0.23, beating the $0.16 estimate, but sales of $282.3M missed the $291.6M estimate. Sales increased by 53.01% year-over-year.
August 01, 2024 | 9:02 pm
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Centerra Gold's Q2 2024 adjusted EPS of $0.23 beat estimates by 43.75%, but sales of $282.3M missed estimates by 3.19%. Sales increased by 53.01% year-over-year.
The significant EPS beat is likely to have a positive short-term impact on the stock price, despite the slight miss in sales. The strong year-over-year sales growth further supports a positive outlook.
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