Wesdome Gold Mines Ltd expected to post earnings of 7 cents a share - Earnings Preview

Wesdome Gold Mines (ontario)

07/05/2024 03:03

* Wesdome Gold Mines Ltd  WDO.TO   is expected to show a
rise in
quarterly revenue when it reports  results on May 8 for the
period ending March 31 2024
    * The Toronto Ontario-based  company is expected to report a
22.6% increase in revenue to $94 million from $76.7 million a
year ago, according to the mean estimate from 2 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Wesdome Gold Mines Ltd
is for
earnings of 7 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Wesdome
Gold
Mines Ltd is C$12.00​, above​ its last closing price of C$10.16.
​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.18        0.16                         
 Sep. 30 2023  0.09        0.09       0.30      Beat    233.3
 Jun. 30 2023  0.10        0.14       0.09      Missed  -12.9​
 Jan. 1 0001   0.14        0.14       0.04      Missed  -71.4
 ​​Dec.        0.08        0.09       0.07      Missed  -17.6
 31 2022                                                
 Sep. 30 2022  0.14        0.16       1.50      Beat    847.4​
 Jan. 1 0001   0.17        0.17       0.08      Missed  -53.8
 Mar. 31 2022  0.33        0.33       0.21      Missed  -37
 This summary was machine generated May 7 at 02:03 GMT.  All
figures in Canadian 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)