Fortuna Mining Corp reports results for the quarter ended in September 30 - Earnings Summary

Reuters11-07
Fortuna Mining Corp reports results for the quarter ended in September 30 - Earnings Summary
  • Fortuna Mining Corp FVI.TO reported quarterly adjusted earnings of 17 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 10 cents. The mean expectation of four analysts for the quarter was for earnings of 12 cents per share. Wall Street expected results to range from 7 cents to 16 cents per share.

  • Revenue rose 13.1% to $274.90 million from a year ago; analysts expected $265.96 million.

  • Fortuna Mining Corp's reported EPS for the quarter was 16 cents​.

  • The company reported quarterly net income of $49.9 million.

  • Fortuna Mining Corp shares had risen by 2.8% this quarter and gained 23.3% so far this year.

FORECAST CHANGES

  • The mean earnings estimate of analysts had risen by about 2.5% in the last three months.​

  • In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

This summary was machine generated from LSEG data November 7 at 04:42 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)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Sep. 30 2024

0.12

0.17

Beat

Jun. 30 2024

0.15

0.11

Missed

Mar. 31 2024

0.05

0.09

Beat

Dec. 31 2023

0.10

0.07

Missed

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