Gatos Silver Earnings Preview
GATOS SILVER, INC. GATO | 14.45 | +2.19% |
Gatos Silver (NYSE:GATO) is gearing up to announce its quarterly earnings on Monday, 2024-11-11. Here's a quick overview of what investors should know before the release.
Analysts are estimating that Gatos Silver will report an earnings per share (EPS) of $0.14.
The market awaits Gatos Silver's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.
It's important for new investors to understand that guidance can be a significant driver of stock prices.
Past Earnings Performance
During the last quarter, the company reported an EPS missed by $0.02, leading to a 6.65% drop in the share price on the subsequent day.
Here's a look at Gatos Silver's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.15 | 0.02 | 0.09 | 0.06 |
| EPS Actual | 0.13 | 0.04 | 0.18 | 0.05 |
| Price Change % | -7.000000000000001% | 2.0% | -1.0% | -3.0% |
Performance of Gatos Silver Shares
Shares of Gatos Silver were trading at $17.03 as of November 07. Over the last 52-week period, shares are up 244.1%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
To track all earnings releases for Gatos Silver visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
