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

Wesdome Gold Mines (ontario)

11/08/2022 11:27

* Wesdome Gold Mines Ltd  WDO.TO  reported quarterly
adjusted
earnings of 4 cents​​ per share for the quarter ended in June.
The mean expectation of five analysts for the quarter was
for earnings of 7 cents per share.
    * Revenue fell 3.1% to C$61.93 million from a year ago;
analysts
expected C$78.50 million. 
    * Wesdome Gold Mines Ltd's reported EPS for the quarter was
10
cents​.
    * The mean earnings estimate of analysts had fallen by
about 49.8%
in the last three months.​ 
    * In the last 30 days four analysts negatively revised
earnings
estimates 
    * Wesdome Gold Mines Ltd shares had fallen by 4.9% this
quarter and lost 7.9% so far this year.
    * The company reported a quarterly loss of C$14.33 million.
    * Wall Street's median 12-month price target for Wesdome
Gold
Mines Ltd is C$15.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data August 11
at 10:26 a.m.  ​All figures in Canadian dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.17           0.08           Missed
 Mar. 31 2022      0.33           0.21           Missed
 Dec. 31 2021      0.27           0.34           Beat
 Sep. 30 2021      0.20           0.24           Beat