Wesdome Gold Mines Ltd reports results for the quarter ended in December - Earnings Summary

Wesdome Gold Mines (ontario)

23/02/2023 24:18

* Wesdome Gold Mines Ltd  WDO.TO  reported a quarterly
adjusted
loss of 2 cents​​ per share for the quarter ended in December.
The mean expectation of six analysts for the quarter was
for breakeven results per share.
    * Revenue fell 12.2% to C$75.04 million from a year ago;
analysts
expected C$82.00 million. 
    * Wesdome Gold Mines Ltd's reported EPS for the quarter was
a loss
of 2 cents​.
    * The mean earnings estimate of analysts had fallen by
about 45.5%
in the last three months.​ 
    * In the last 30 days three analysts negatively revised
earnings
estimates 
    * Wesdome Gold Mines Ltd shares had fallen by 16.4% this
quarter.
    * Wall Street's median 12-month price target for Wesdome
Gold
Mines Ltd is C$9.00 
    * 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." 

This summary was machine generated from Refinitiv data February
23 at 12:17 a.m.  ​All figures in Canadian dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.09           0.07           Missed
 Sep. 30 2022      0.16           1.50           Beat
 Jun. 30 2022      0.17           0.08           Missed
 Mar. 31 2022      0.33           0.21           Missed