Fortuna Silver Mines Full Year 2022 Earnings: Revenues Beat Expectations, EPS Lags
Fortuna Silver Mines (TSE:FVI) Full Year 2022 Results
Key Financial Results
Revenue: US$681.5m (up 14% from FY 2021).
Net loss: US$128.1m (down by 321% from US$57.9m profit in FY 2021).
US$0.44 loss per share (down from US$0.24 profit in FY 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Fortuna Silver Mines Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) missed analyst estimates.
Looking ahead, revenue is expected to decline by 2.5% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Canada are expected to grow by 15%.
Performance of the Canadian Metals and Mining industry.
The company's share price is broadly unchanged from a week ago.
Be aware that Fortuna Silver Mines is showing 1 warning sign in our investment analysis that you should know about...
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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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