Equinox Gold Q2 2024 Adj. EPS $(0.01), Inline, Sales $269.400M Miss $306.327M Estimate
Portfolio Pulse from Benzinga Newsdesk
Equinox Gold (AMEX:EQX) reported Q2 2024 adjusted EPS of $(0.01), meeting analyst expectations, but missed sales estimates with $269.4 million, a 0.80% decrease from the same period last year.
August 08, 2024 | 7:04 am
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NEGATIVE IMPACT
Equinox Gold reported Q2 2024 adjusted EPS of $(0.01), meeting expectations, but missed sales estimates with $269.4 million, a 0.80% decrease from last year.
While Equinox Gold met EPS expectations, the significant miss on sales estimates and the year-over-year decrease in sales are likely to negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100