Sandstorm Gold Q2 2024 GAAP EPS $0.03 Beats $0.02 Estimate, Sales $41.374M Beat $41.000M Estimate
Portfolio Pulse from Benzinga Newsdesk
Sandstorm Gold (NYSE:SAND) reported Q2 2024 earnings of $0.03 per share, beating the analyst estimate of $0.02. Sales were $41.374 million, slightly above the $41.000 million estimate. Despite the earnings beat, sales decreased by 16.98% compared to the same period last year.
August 01, 2024 | 9:09 pm
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Sandstorm Gold reported Q2 2024 earnings of $0.03 per share, beating the analyst estimate of $0.02. Sales were $41.374 million, slightly above the $41.000 million estimate. Despite the earnings beat, sales decreased by 16.98% compared to the same period last year.
The earnings beat is a positive indicator for the stock, likely leading to a short-term price increase. However, the YoY sales decline may temper investor enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100