Orla Mining Q2 2024 Adj. EPS $0.07, Inline, Sales $84.600M Miss $84.635M Estimate
Portfolio Pulse from Benzinga Newsdesk
Orla Mining (AMEX:ORLA) reported Q2 2024 earnings per share of $0.07, meeting analyst expectations. However, the company's sales of $84.600 million slightly missed the consensus estimate of $84.635 million. Despite the miss, sales increased by 42.73% compared to the same period last year.
August 13, 2024 | 7:29 am
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Orla Mining reported Q2 2024 earnings per share of $0.07, meeting analyst expectations. Sales of $84.600 million slightly missed the consensus estimate of $84.635 million, but increased by 42.73% year-over-year.
The earnings per share met expectations, which is neutral for the stock price. The slight miss in sales is not significant enough to cause a major impact, especially given the strong year-over-year growth of 42.73%.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100