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

Equinox Gold

20/02/2024 03:01

* Equinox Gold Corp  EQX.A   EQX  is expected to show a rise
in
quarterly revenue when it reports  results on February 21 for
the period ending December 31 2023
    * The Vancouver British Columbia-based  company is expected
to
report a 22.5% increase in revenue to $317.576 million from
$259.3 million a year ago, according to the estimate from one
analyst, based on LSEG data.
    * ​LSEG'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 6 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Equinox
Gold Corp
is C$7.75​, above​ its last closing price of C$6.21. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.17        0.18       0.22      Beat    24.2
 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.        0.14        0.13       0.18      Beat    41.7
 30 2022                                                
 Jun. 30 2022  0.10        0.16       -0.09     Missed  -155.1
                                                        ​
 Mar. 31 2022  0.17        0.17       -0.06     Missed  -135.3
 Dec. 31 2021  0.40        0.39       0.45      Beat    15.7
 This summary was machine generated February 20 at 03:01 GMT. 
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)