Yahoo Finance Centerra Gold First Quarter 2023 Earnings: Revenues Beat Expectations, EPS Lags
Centerra Gold (TSE:CG) First Quarter 2023 Results
Key Financial Results
Revenue: US$226.5m (down 23% from 1Q 2022).
Net loss: US$73.5m (down by 182% from US$89.4m profit in 1Q 2022).
US$0.34 loss per share (down from US$0.30 profit in 1Q 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Centerra Gold Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 40%. Earnings per share (EPS) missed analyst estimates significantly.
Looking ahead, revenue is expected to decline by 4.4% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Canada are expected to grow by 12%.
Performance of the Canadian Metals and Mining industry.
The company's shares are down 20% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 1 warning sign for Centerra Gold that you should be aware of.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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