Equinox Gold Corp reports results for the quarter ended in September 30 - Earnings Summary

• Equinox Gold Corp EQX.A reported quarterly adjusted earnings of 9 cents​​ per share for the quarter ended September 30, identical to the same quarter last year. The mean expectation of seven analysts for the quarter was for earnings of 12 cents per share. Wall Street expected results to range from 8 cents to 18 cents per share.

• Revenue rose 50.4% to $428.40 million from a year ago; analysts expected $437.84 million.

• Equinox Gold Corp shares had fallen by 11.8% this quarter and gained 9.8% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 18.3% in the last three months.​

• In the last 30 days, three analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," no "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 Equinox Gold Corp is C$10.50

This summary was machine generated from LSEG data November 7 at 04:05 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)