Sandstorm Gold Ltd expected to post earnings of 2 cents a share - Earnings Preview

Sandstorm Gold

01/05/2024 24:53

* Sandstorm Gold Ltd  SSL.TO   is expected to show a fall in
quarterly revenue when it reports  results on May 2 for the
period ending March 31 2024
    * The Vancouver British Columbia-based  company is expected
to
report a 6.2% decrease in revenue to $41.267 million from $43.98
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Sandstorm Gold Ltd is
for
earnings of 2 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 1.3%
in the last three months. ​
    * Wall Street's median 12-month price target for Sandstorm
Gold
Ltd is C$9.50​, above​ its last closing price of C$7.52. ​​​

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  0.09        0.09       0.14      Beat    49.3
 Sep. 30 2023  0.08        0.08       0.10      Beat    22
 Jan. 1 0001   0.10        0.10       0.14      Beat    41.8​
 Mar. 31 2023  0.12        0.12       0.13      Beat    12.4
 ​​Dec.        0.08        0.08       0.08      Met     1.8
 31 2022                                                
 Sep. 30 2022  0.10        0.10       0.10      Met     0​
 Jun. 30 2022  0.12        0.12       0.17      Beat    37.8
 Jan. 1 0001   0.12        0.12       0.11      Missed  -9.8
 This summary was machine generated April 30 at 23:53 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)