Equinox Gold EQX will release its quarterly earnings report on Wednesday, 2024-11-06. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate Equinox Gold to 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.
Historical Earnings Performance
During the last quarter, the company reported an EPS missed by $0.00, leading to a 4.31% drop in the share price on the subsequent 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% |
Market Performance of Equinox Gold's Stock
Shares of Equinox Gold were trading at $5.38 as of November 04. Over the last 52-week period, shares are up 16.12%. 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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