Wesdome Gold Mines Ltd expected to post earnings of 3  cents a share - Earnings Preview

Wesdome Gold Mines (ontario)

09/05/2023 03:04

* Wesdome Gold Mines Ltd  WDO.TO   is expected to show a
rise in
quarterly revenue when it reports  results on May 10. 
    * The Toronto Ontario-based  company is expected to report 
a
28.2% increase in revenue to C$85.5 million from C$66.69 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Wesdome Gold Mines
Ltd is
for earnings of 3 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 7.6%
in the last three months. ​
    * Wall Street's median 12-month price target for Wesdome
Gold
Mines Ltd is C$9.5​, above​ its last closing price of C$8.90.
​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.08        0.09       0.07      Missed  -17.6
 Sep. 30 2022  0.14        0.16       1.50      Beat    847.4
 Jun. 30 2022  0.17        0.17       0.08      Missed  -53.8​
 Mar. 31 2022  0.33        0.33       0.21      Missed  -37
 ​​Dec.        0.26        0.27       0.34      Beat    27.8
 31 2021                                                
 Sep. 30 2021  0.20        0.20       0.24      Beat    21.2​
 Jun. 30 2021  0.20        0.18       0.19      Beat    4.1
 Mar. 31 2021  0.11        0.11       0.18      Beat    63.6
 This summary was machine generated May 9 at 02:03 GMT.  All
figures in Canadian dollars  unless otherwise stated