Calibre Mining Corp reports results for the quarter ended in June - Earnings Summary

Calibre Mining

13/08/2024 03:39

* Calibre Mining Corp  CXB.TO  reported quarterly adjusted
earnings of 2 cents​​ per share for the quarter ended in June,
lower than the same quarter last year, when the company reported
EPS of 7 cents.  The mean expectation of nine analysts for the
quarter was for earnings of 3 cents per share. Wall Street
expected results to range from 2 cents to 4 cents per share.
    * Revenue fell 1.4% to $137.33 million from a year ago;
analysts
expected $129.50 million. 
    * Calibre Mining Corp's reported EPS for the quarter was 3
cents​.
    * The company reported quarterly net income of $20.76
million.
    * Calibre Mining Corp shares had risen by 8.3% this
quarter and
gained 43.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 17.3%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the gold peer
group is
also "buy"

Wall Street's median 12-month price target for Calibre Mining
Corp is C$2.93 
This summary was machine generated from LSEG data August 13 at
02:38 a.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2024      0.08           0.08           Met
 Mar. 31 2024      0.07           0.07           Met
 Dec. 31 2023      0.10           0.13           Beat
 Sep. 30 2023      0.10           0.11           Beat