Denison Mines Q2 EPS $(0.01), Inline, Sales $969.24K Miss $1.10M Estimate
Portfolio Pulse from Benzinga Newsdesk
Denison Mines (AMEX:DNN) reported Q2 earnings per share of $(0.01), meeting analyst expectations. However, the company missed its sales estimate, reporting $969.24K in revenue, an 11.89% shortfall from the $1.10M estimate and a 62.71% decrease from the same period last year.
August 09, 2024 | 5:28 am
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Denison Mines reported Q2 EPS of $(0.01), meeting expectations, but missed sales estimates with $969.24K, an 11.89% shortfall and a 62.71% YoY decrease.
While Denison Mines met EPS expectations, the significant miss on sales estimates and the large year-over-year decline in revenue are likely to negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100