Eldorado Gold Q3 Adj $0.35 Beats $0.34 Estimate, Sales $331.76M Miss $360.38M Estimate
Portfolio Pulse from Benzinga Newsdesk
Eldorado Gold (NYSE:EGO) reported Q3 earnings of $0.35 per share, beating estimates of $0.34, a 105.88% increase from last year. However, sales were $331.76M, missing the $360.38M estimate, though up 35.27% from last year.
October 31, 2024 | 9:05 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Eldorado Gold's Q3 earnings per share beat expectations, showing significant growth from last year. However, sales fell short of estimates, despite a substantial year-over-year increase.
Eldorado Gold's earnings per share exceeded expectations, which is positive for the stock. However, the sales miss could offset this positivity, leading to a neutral short-term impact. The significant year-over-year growth in both earnings and sales is a positive indicator for the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100