Comstock Q2 EPS $(0.06) Misses $(0.04) Estimate, Sales $434.82K Miss $570.00K Estimate
Portfolio Pulse from totan@benzinga.com
Comstock (AMEX:LODE) reported Q2 EPS of $(0.06), missing the $(0.04) estimate by 50%. Sales were $434.82K, missing the $570.00K estimate by 23.72%. Despite the misses, sales increased by 1.13K% from the same period last year.
August 08, 2024 | 9:16 pm
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Comstock (AMEX:LODE) reported Q2 EPS of $(0.06), missing the $(0.04) estimate by 50%. Sales were $434.82K, missing the $570.00K estimate by 23.72%. Despite the misses, sales increased by 1.13K% from the same period last year.
The significant miss on both EPS and sales estimates is likely to negatively impact investor sentiment in the short term. However, the substantial year-over-year increase in sales may provide some long-term optimism.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100