SSR Mining Inc expected to post a loss of 4 cents a share - Earnings Preview

SSR Mining

07/05/2024 24:30

* SSR Mining Inc  SSRM.OQ   SSRM.O  is expected to show a
fall in
quarterly revenue when it reports  results on May 8 for the
period ending March 31 2024
    * The Denver Colorado-based  company is expected to report a
36.0% decrease in revenue to $201.46 million from $314.61
million a year ago, according to the estimate from one analyst,
based on LSEG data.
    * ​LSEG's mean analyst estimate for SSR Mining Inc is for a
loss
of 4 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 7
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 10.5%
in the last three months. ​
    * Wall Street's median 12-month price target for SSR Mining
Inc is
C$7.75​, above​ its last closing price of C$7.39. ​​​

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  0.68        0.69       0.94      Beat    37.2
 Sep. 30 2023  0.60        0.65       0.66      Beat    1.4
 Jun. 30 2023                                           ​
 Mar. 31 2023  0.31        0.33       0.01      Missed  -95.7
 ​​Dec.        0.44        0.47       0.54      Beat    15.7
 31 2022                                                
 Sep. 30 2022  0.15        0.25       -0.25     Missed  -201.2
                                                        ​
 Jun. 30 2022  0.48        0.49       0.15      Missed  -69.1
 Mar. 31 2022  0.53        0.52       0.29      Missed  -44.6
 This summary was machine generated May 6 at 23:30 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)