Equinox Gold Corp reports results for the quarter ended in June - Earnings Summary

Equinox Gold

03/08/2023 20:32

* Equinox Gold Corp  EQX.A  reported a quarterly adjusted
loss
of 2 cents​​ per share for the quarter ended in June. The mean
expectation of nine analysts for the quarter was for a loss of 5
cents per share.
    * Revenue rose 20.9% to $271.56 million from a year ago;
analysts
expected $282.85 million. 
    * The mean earnings estimate of analysts had risen by
about 50.6%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Equinox Gold Corp shares had risen by 4.8% this
quarter and
gained 43.6% so far this year.
    * Wall Street's median 12-month price target for Equinox
Gold Corp
is C$9.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 5
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 3 at 07:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.13           0.06           Missed
 Mar. 31 2023      0.14           0.42           Beat
 Dec. 31 2022      0.17           0.13           Missed
 Sep. 30 2022      0.13           0.18           Beat