Equinox Gold Corp expected to post a loss of 3 cents a share - Earnings Preview

Equinox Gold

28/10/2023 03:07

* Equinox Gold Corp  EQX.A   EQX  is expected to show a rise
in
quarterly revenue when it reports  results 
    * The Vancouver British Columbia-based  company is expected
to
report  a 23.7% increase in revenue to $303.093 million from
$245.1 million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Equinox Gold Corp
is for
a loss of 3 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 0.9%
in the last three months. ​
    * Wall Street's median 12-month price target for Equinox
Gold Corp
is C$8.5​, above​ its last closing price of C$6.39. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  0.13        0.13       0.06      Missed  -54.7
 Mar. 31 2023  0.16        0.14       0.42      Beat    200
 Dec. 31 2022  0.11        0.17       0.13      Missed  -25.3​
 Sep. 30 2022  0.14        0.13       0.18      Beat    41.7
 ​​Jun.        0.10        0.16       -0.09     Missed  -155.1
 30 2022                                                
 Mar. 31 2022  0.17        0.17       -0.06     Missed  -135.3
                                                        ​
 Dec. 31 2021  0.40        0.39       0.45      Beat    15.7
 Sep. 30 2021  0.21        0.22       0.22      Met     1.9
 This summary was machine generated October 28 at 02:06 GMT.  All
figures in US dollars  unless otherwise stated