First Quantum Minerals Q2 Adj. EPS $(0.13) Misses $0.14 Estimate, Sales $1.522B Beat $1.383B Estimate
First Quantum Minerals (TSX:FM) reported quarterly losses of $(0.13) per share which missed the analyst consensus estimate of $0.14 by 192.86 percent. This is a 750 percent decrease over earnings of $0.02 per share from
First Quantum Minerals made less money per share than experts predicted, even though it sold more stuff than expected. When a company misses on profits but beats on sales, it means costs went up or something ate into the money it kept.
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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