Orla Mining Ltd expected to post earnings of 4 cents a share - Earnings Preview

Orla Mining

08/05/2024 03:04

* Orla Mining Ltd  OLA.TO   is expected to show a rise in
quarterly revenue when it reports  results on May 9 (estimated)
for the period ending March 31 2024
    * The Vancouver British Columbia-based  company is expected
to
report a 24.0% increase in revenue to $63.369 million from $51.1
million a year ago, according to the mean estimate from 2
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Orla Mining Ltd is for
earnings of 4 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 14.3%
in the last three months. ​
    * Wall Street's median 12-month price target for Orla Mining
Ltd
is C$6.75​, above​ its last closing price of C$5.34. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.05        0.07       0.07      Met     4.4
 Sep. 30 2023              0.05                         
 Jun. 30 2023  0.05        0.04       0.07      Beat    58.1​
 Mar. 31 2023  -0.04       -0.04      -0.02     Beat    46.7
 ​​Dec.        0.06        0.07       0.10      Beat    51.1
 31 2022                                                
 Sep. 30 2022  0.08        0.08       0.08      Met     -0.4​
 Jun. 30 2022  0.07        0.07       0.08      Beat    15.9
 Mar. 31 2022  0.03        0.04       0.07      Beat    64.7
 This summary was machine generated May 8 at 02:03 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)