Stock Track | Sandstorm Gold Shares Plunge After Quarterly Earnings Miss Estimates

Stock Track11-08

Shares of Sandstorm Gold Ltd (SAND) fell 5.53% on November 8, 2024, after the company reported disappointing quarterly earnings results for the period ended September 30, 2024.

The gold mining company reported adjusted earnings of $0.02 per share, missing analysts' average estimate of $0.03 per share. While revenue increased 8.2% year-over-year to $44.7 million, it fell slightly short of the consensus estimate of $44.9 million.

Despite the earnings miss, analysts remain optimistic about Sandstorm Gold's prospects, with 5 out of 6 analysts rating the stock as a "buy" or "strong buy." The average 12-month price target for the stock is $7.67, implying potential upside from the current levels.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1129409875?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-11-08 22:54","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1129409875","market":"us","top_or_hot":-1,"title":"Stock Track | Sandstorm Gold Shares Plunge After Quarterly Earnings Miss Estimates","media":"Stock Track","content":"<p>Shares of Sandstorm Gold Ltd (SAND) fell 5.53% on November 8, 2024, after the company reported disappointing quarterly earnings results for the period ended September 30, 2024.</p>\n\n<p>The gold mining company reported adjusted earnings of $0.02 per share, missing analysts' average estimate of $0.03 per share. While revenue increased 8.2% year-over-year to $44.7 million, it fell slightly short of the consensus estimate of $44.9 million.</p>\n\n<p>Despite the earnings miss, analysts remain optimistic about Sandstorm Gold's prospects, with 5 out of 6 analysts rating the stock as a \"buy\" or \"strong buy.\" The average 12-month price target for the stock is $7.67, implying potential upside from the current levels.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Sandstorm Gold Shares Plunge After Quarterly Earnings Miss Estimates</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Sandstorm Gold Shares Plunge After Quarterly Earnings Miss Estimates\n</h2>\n\n<h4 class=\"meta\">\n\n2024-11-08 22:54 北京时间&nbsp;&nbsp;&nbsp;<strong>Stock Track</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of Sandstorm Gold Ltd (SAND) fell 5.53% on November 8, 2024, after the company reported disappointing quarterly earnings results for the period ended September 30, 2024.\nThe gold mining company...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SAND","symbol_name":"沙尘暴黄金","start_time":0,"source_url":"","article_id":"1129409875","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1129409875","pubTimestamp":1731077691,"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Shares of Sandstorm Gold Ltd  fell 5.53% on November 8, 2024, after the company reported disappointing quarterly earnings results for the period ended September 30, 2024.The gold mining company reported adjusted earnings of $0.02 per share, missing analysts' average estimate of $0.03 per share. While revenue increased 8.2% year-over-year to $44.7 million, it fell slightly short of the consensus estimate of $44.9 million.Despite the earnings miss, analysts remain optimistic about Sandstorm Gold's","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"SAND":"沙尘暴黄金"},"translate_title":"季度盈利未达预期后沙尘暴黄金股价暴跌","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SAND":1},"content_text":"Shares of Sandstorm Gold Ltd (SAND) fell 5.53% on November 8, 2024, after the company reported disappointing quarterly earnings results for the period ended September 30, 2024.\nThe gold mining company reported adjusted earnings of $0.02 per share, missing analysts' average estimate of $0.03 per share. While revenue increased 8.2% year-over-year to $44.7 million, it fell slightly short of the consensus estimate of $44.9 million.\nDespite the earnings miss, analysts remain optimistic about Sandstorm Gold's prospects, with 5 out of 6 analysts rating the stock as a \"buy\" or \"strong buy.\" The average 12-month price target for the stock is $7.67, implying potential upside from the current levels.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1129409875"}