On Wednesday August 14, 2024, Metalla Royalty Reported Q2 EPS $(0.02) Down From $(0.01) YoY, Sales $875.00K Miss $1.69M Estimate
Portfolio Pulse from Benzinga Newsdesk
Metalla Royalty (AMEX:MTA) reported Q2 EPS of $(0.02), a 100% decrease from $(0.01) YoY, and sales of $875K, missing the $1.69M estimate by 48.22%. Sales decreased by 8.76% YoY.
August 15, 2024 | 1:47 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Metalla Royalty reported a Q2 EPS of $(0.02), a 100% decrease from $(0.01) YoY, and sales of $875K, missing the $1.69M estimate by 48.22%. Sales also decreased by 8.76% YoY.
The significant miss on both EPS and sales estimates, along with a YoY decrease in sales, is likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100