Avino Silver & Gold Mines ASM is set to give its latest quarterly earnings report on Wednesday, 2023-08-09. Here's what investors need to know before the announcement.
Analysts estimate that Avino Silver & Gold Mines will report an earnings per share (EPS) of $0.01.
Avino Silver & Gold Mines bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Historical Earnings Performance
Last quarter the company beat EPS by $0.03, which was followed by a 0.14% drop in the share price the next day.
Here's a look at Avino Silver & Gold Mines's past performance and the resulting price change:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 |
|---|---|---|---|
| EPS Estimate | 0 | 0.02 | 0.02 |
| EPS Actual | 0.03 | 0 | 0.02 |
| Price Change % | -0.14% | 6.15% | -2.47% |
Stock Performance
Shares of Avino Silver & Gold Mines were trading at $0.6744 as of August 07. Over the last 52-week period, shares are up 5.89%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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