Reported Friday, Ur-Energy Q2 2024 GAAP EPS $(0.02) Misses $0.00 Estimate, Sales $4.653M Miss $10.637M Estimate
Portfolio Pulse from Benzinga Newsdesk
Ur-Energy (AMEX:URG) reported Q2 2024 GAAP EPS of $(0.02), missing the $0.00 estimate. Sales were $4.653M, missing the $10.637M estimate. Despite the misses, EPS improved from $(0.03) last year, and sales increased significantly from $39K.
August 12, 2024 | 6:34 am
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Ur-Energy reported Q2 2024 GAAP EPS of $(0.02), missing the $0.00 estimate. Sales were $4.653M, missing the $10.637M estimate. Despite the misses, EPS improved from $(0.03) last year, and sales increased significantly from $39K.
The significant misses on both EPS and sales estimates are likely to negatively impact Ur-Energy's stock price in the short term. However, the improvement in EPS from last year and the substantial increase in sales may provide some support.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100