How did EQX's Q4 2024 earnings surprise analysts?
4/12/2025 05:40pm
Equinox Gold (EQX) experienced a negative EPS surprise but a positive revenue surprise in its Q4 2024 earnings report.
1. **EPS Surprise**:
- The actual EPS was $0.17, which was below the estimated EPS of $0.22.
- This resulted in an EPS surprise of -$0.05, indicating that the company's actual performance was weaker than expected.
2. **Revenue Surprise**:
- The actual revenue was $575 million, which was higher than the estimated revenue of $567.5 million.
- This resulted in a revenue surprise of $7.5 million, indicating that the company's revenue exceeded expectations.
3. **Analysis**:
- Equinox Gold's Q4 2024 earnings report showed a mixed performance compared to analysts' expectations.
- While the company's revenue exceeded estimates, the negative EPS surprise could be a cause for concern, suggesting that the company's cost management or operational efficiency may have fallen short of expectations.
The company's neutral analyst consensus rating as of February 20, 2025, implies that the market may have had mixed reactions to the earnings report, with some analysts potentially adjusting their views based on the mixed results.