Endeavour Mining First Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags

Date:

Endeavour Mining (TSE:EDV) First Quarter 2024 Results

Key Financial Results

  • Revenue: US$472.7m (down 1.8% from 1Q 2023).
  • Net loss: US$20.2m (loss widened by US$18.3m from 1Q 2023).
  • US$0.08 loss per share (further deteriorated from US$0.008 loss in 1Q 2023).
TSX:EDV Earnings and Revenue Growth May 3rd 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Endeavour Mining Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) missed analyst estimates.

Looking ahead, revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Metals and Mining industry in Canada.

Performance of the Canadian Metals and Mining industry.

The company’s shares are down 1.5% from a week ago.

Valuation

If you are seeking undervalued stocks, our analysis of 6 valuation measures indicates Endeavour Mining…

Read more…

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Tampa RV giant Lazydays to delist from Nasdaq

Tampa-based Lazydays Holdings Inc., one of Florida’s most recognized...

Granite Geek: New Hampshire might get access to ‘balcony solar’

I had solar panels put on my roof six...

TSX Today: What to Watch for in Stocks on Monday, November 10

Despite firm gold and silver prices, Canadian stocks...

While BNB and DOT Struggle Under Market Pressure, BlockDAG’s Presale Soars Past $435M!

As market-wide fear grips the sector, the Binance Coin...