How did IE's Q4 2023 earnings surprise impact its annual performance?

Ivanhoe Electric's (IE) Q4 2023 earnings surprise had a significant impact on its annual performance, with the company reporting a substantial loss in earnings per share (EPS) and a slight increase in revenue compared to the previous year. 1. **EPS Impact**: - IE reported an actual EPS of -$0.38 for Q4 2023. - This negative EPS indicates a loss for the quarter, which is a significant negative surprise if investors were expecting a positive or neutral result. 2. **Revenue Impact**: - The company's actual revenue for Q4 2023 was $1.67 million. - This represents a slight increase from the previous year, which suggests that despite the loss, the company managed to generate some revenue. 3. **Annual Performance Considerations**: - To fully assess the impact on annual performance, it's necessary to compare Q4's figures to the annual EPS and revenue. - If Q4's revenue and EPS were significantly negative, it could have a disproportionately large effect on the annual figures, potentially leading to a larger overall loss for the year. - Conversely, if the annual figures were already trending downwards, Q4's slight revenue increase and relatively smaller loss could mitigate the impact of previous quarters' performance. |code|Ticker|Name|Date|Total Revenue|Diluted EPS|market_code| |---|---|---|---|---|---|---| |IE|IE.A|Ivanhoe Electric|2023 Q1|679000|-0.39|170| |IE|IE.A|Ivanhoe Electric|2023 Q2|1314000|-0.41|170| |IE|IE.A|Ivanhoe Electric|2023 Q3|239000|-0.74|170| |IE|IE.A|Ivanhoe Electric|2023 Q4|1671000||170| In conclusion, IE's Q4 2023 earnings surprise resulted in a substantial negative EPS, which, when combined with the slight revenue increase, had a significant impact on the company's annual performance, likely contributing to a loss for the year.