A-Mark Precious Metals Inc reports results for the quarter ended in September 30 - Earnings Summary
07/11/2024 05:18
* A-Mark Precious Metals Inc AMRK.OQ reported quarterly
adjusted
earnings of 37 cents per share for the quarter ended September
30, lower than the same quarter last year, when the company
reported EPS of 77 cents. The mean expectation of five analysts
for the quarter was for earnings of 87 cents per share. Wall
Street expected results to range from 50 cents to $1.28 per
share.
* Revenue rose 9.3% to $2.72 billion from a year ago;
analysts
expected $2.62 billion.
* A-Mark Precious Metals Inc's reported EPS for the quarter
was 37
cents.
* The company reported quarterly net income of $8.98
million.
* A-Mark Precious Metals Inc shares had fallen by 14.8% this
quarter and gained 24.4% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by
about 0.9%
in the last three months.
* In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.
RECOMMENDATIONS
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"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 43.00
This summary was machine generated from LSEG data November 7 at
05:17 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
Sep. 30 2024 0.87 0.37 Missed
Jun. 30 2024 0.69 0.59 Missed
Mar. 31 2024 0.69 0.21 Missed
Dec. 31 2023 0.79 0.57 Missed