Gold Royalty Q3 EPS $(0.01), Inline, Sales $1.79M Miss $3.00M Estimate
Portfolio Pulse from Benzinga Newsdesk
Gold Royalty (AMEX:GROY) reported Q3 EPS of $(0.01), meeting analyst expectations, but missed sales estimates with $1.79M against the expected $3.00M. Despite the miss, sales increased significantly from the same period last year.
August 13, 2024 | 8:56 pm
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Gold Royalty (GROY) reported Q3 EPS of $(0.01), meeting analyst expectations, but missed sales estimates with $1.79M against the expected $3.00M. Despite the miss, sales increased significantly from the same period last year.
The EPS meeting expectations is a neutral factor, while the significant miss in sales estimates could be seen negatively. However, the substantial year-over-year sales growth may offset some of the negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100