Fortuna Silver Earnings Miss, Revenue Beats In Q3 By Investing.com

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Fortuna Silver Earnings Miss, Revenue Beats In Q3

Published Oct 07, 2022 08:09AM ET

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Investing.com - Fortuna Silver reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.

Fortuna Silver announced earnings per share of $0.02 on revenue of $160.18M. Analysts polled by Investing.com anticipated EPS of $0.03 on revenue of $157.69M.

Fortuna Silver shares are down 14% from the beginning of the year, still down 39.38% from its 52 week high of $6.95 set on November 11, 2021.

Fortuna Silver follows other major Materials sector earnings this month

Fortuna Silver's report follows an earnings missed by Standard Lithium on September 9, who reported EPS of $-0.05 on revenue of $0.00, compared to forecasts EPS of $-0.045 on revenue of $0.00.

NanoXplore had matched expectations on September 14 with first quarter EPS of $-0.02 on revenue of $28.28M, compared to forecast for EPS of $-0.02 on revenue of $25.29M.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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