A-Mark Precious Metals Inc reports results for the quarter ended in March - Earnings Summary
07/05/2024 23:01
* A-Mark Precious Metals Inc AMRK.OQ reported quarterly
adjusted
earnings of 21 cents per share for the quarter ended in March,
lower than the same quarter last year, when the company reported
EPS of $1.46. The mean expectation of four analysts for the
quarter was for earnings of 69 cents per share. Wall Street
expected results to range from 66 cents to 70 cents per share.
* Revenue rose 12.7% to $2.61 billion from a year ago;
analysts
expected $2.03 billion.
* A-Mark Precious Metals Inc's reported EPS for the quarter
was 21
cents.
* The company reported quarterly net income of $5.01
million.
* A-Mark Precious Metals Inc shares had risen by 34.1% this
quarter and gained 36.1% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by
about 32.2%
in the last three months.
* In the last 30 days, there have been no negative revisions
of
earnings estimates
RECOMMENDATIONS
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."
* The average consensus recommendation for the non-gold
precious
metals & minerals peer group is also "buy"
Wall Street's median 12-month price target for A-Mark Precious
Metals Inc is $40.00
This summary was machine generated from LSEG data May 7 at 10:01
p.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
Mar. 31 2024 0.69 0.21 Missed
Dec. 31 2023 0.79 0.57 Missed
Sep. 30 2023 1.06 0.77 Missed
Jun. 30 2023 1.44 1.71 Beat