Endeavour Mining First Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags

Endeavour Mining (TSE:EDV) First Quarter 2024 Results

Key Financial Results

• Revenue: US$472.7m (down 1.8% from 1Q 2023).
• Net loss: US$20.2m (loss widened by US$18.3m from 1Q 2023).
• US$0.08 loss per share (further deteriorated from US$0.008 loss in 1Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Endeavour Mining Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) missed analyst estimates.

Looking ahead, revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Metals and Mining industry in Canada.

Performance of the Canadian Metals and Mining industry.

The company's shares are down 1.5% from a week ago.

Valuation

If you are seeking undervalued stocks, our analysis of 6 valuation measures indicates Endeavour Mining could be a good place to look. Discover what analysts are forecasting and how the current share price shapes up by clicking here.

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