Gold Resource Q2 2024 GAAP EPS $(0.01), Sales $31.228M Beat $17.649M Estimate
Portfolio Pulse from Benzinga Newsdesk
Gold Resource (AMEX:GORO) reported Q2 2024 GAAP EPS of $(0.01) and sales of $31.228 million, significantly beating the analyst estimate of $17.649 million. This represents a 25.88% increase over the same period last year.
August 06, 2024 | 9:54 pm
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Gold Resource (AMEX:GORO) reported Q2 2024 GAAP EPS of $(0.01) and sales of $31.228 million, significantly beating the analyst estimate of $17.649 million. This represents a 25.88% increase over the same period last year.
The significant beat on sales estimates and the year-over-year increase in sales are positive indicators for the company's performance, likely leading to a short-term increase in stock price despite the reported loss.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100