Equinox Gold EQX is set to give its latest quarterly earnings report on Wednesday, 2024-11-06. Here's what investors need to know before the announcement.
Analysts estimate that Equinox Gold will report an earnings per share (EPS) of $0.12.
Anticipation surrounds Equinox Gold's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.
New investors should understand that while earnings performance is important, market reactions are often driven by guidance.
Past Earnings Performance
The company's EPS missed by $0.00 in the last quarter, leading to a 4.31% drop in the share price on the following day.
Here's a look at Equinox Gold's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | -0.01 | -0.03 | -0.02 | -0.03 |
| EPS Actual | -0.01 | -0.04 | 0.01 | 0.09 |
| Price Change % | -4.0% | -6.0% | 2.0% | 3.0% |
Performance of Equinox Gold Shares
Shares of Equinox Gold were trading at $5.38 as of November 04. Over the last 52-week period, shares are up 16.23%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
To track all earnings releases for Equinox Gold visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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