Sandstorm Gold Ltd reports results for the quarter ended in September 30 - Earnings Summary

• Sandstorm Gold Ltd SSL.TO reported quarterly adjusted earnings of 2 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported breakeven earnings per share. The mean expectation of nine analysts for the quarter was for earnings of 3 cents per share. Wall Street expected results to range from 3 cents to 4 cents per share.

• Revenue rose 8.2% to $44.70 million from a year ago; analysts expected $44.90 million.

• Sandstorm Gold Ltd's reported EPS for the quarter was 2 cents​.

• Sandstorm Gold Ltd shares had risen by 2.7% this quarter and gained 22.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 13.7% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the gold peer group is also "buy"

Wall Street's median 12-month price target for Sandstorm Gold Ltd is $7.67

This summary was machine generated from LSEG data November 8 at 04:10 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)