Hycroft Mining Holding Q2 EPS $(0.57) Misses $(0.51) Estimate
Portfolio Pulse from Benzinga Newsdesk
Hycroft Mining Holding (NASDAQ:HYMC) reported a Q2 EPS of $(0.57), missing the analyst consensus estimate of $(0.51) by 11.76%. This represents an 18.57% improvement over the $(0.70) loss per share from the same period last year.
August 06, 2024 | 1:17 pm
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Hycroft Mining Holding reported a Q2 EPS of $(0.57), missing the analyst estimate of $(0.51) by 11.76%. Despite the miss, this is an improvement from last year's $(0.70) loss per share.
The reported EPS miss is likely to negatively impact the stock price in the short term, as it fell short of analyst expectations. However, the improvement from last year's loss may mitigate some of the negative sentiment.
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