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

Wesdome Gold Mines (ontario)

11/05/2023 24:02

* Wesdome Gold Mines Ltd  WDO.TO  reported quarterly
adjusted
earnings of 3 cents​​ per share for the quarter ended in March.
The mean expectation of six analysts for the quarter was
for earnings of 3 cents per share.
    * Revenue rose 15% to C$76.70 million from a year ago;
analysts
expected C$85.50 million. 
    * The mean earnings estimate of analysts had risen by
about 180%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Wesdome Gold Mines Ltd shares had risen by 19.1% this
quarter and gained 23.3% so far this year.
    * Wall Street's median 12-month price target for Wesdome
Gold
Mines Ltd is C$9.50 
    * 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 LSEG Refinitiv data May
10 at 11:02 p.m. UTC. ​All figures in Canadian dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.14           0.04           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