Centerra Gold Q3 2024 Adj. EPS $0.18 Misses $0.20 Estimate, Sales $323.900M Miss $324.200M Estimate
Portfolio Pulse from Benzinga Newsdesk
Centerra Gold reported Q3 2024 earnings of $0.18 per share, missing the $0.20 estimate. Sales were $323.9M, slightly below the $324.2M estimate, and down 5.82% from last year.
October 31, 2024 | 9:03 pm
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NEGATIVE IMPACT
Centerra Gold's Q3 2024 earnings and sales both missed analyst estimates, with a notable year-over-year sales decline.
The earnings per share and sales figures both missed analyst expectations, which is likely to negatively impact investor sentiment and the stock price in the short term. The year-over-year decline in sales further adds to the negative outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100