Capstone Copper Corp reports results for the quarter ended June 30 - Earnings Summary

• Capstone Copper Corp CS reported quarterly adjusted earnings of 4 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 3 cents. The mean expectation of fifteen analysts for the quarter was for earnings of 5 cents per share. Wall Street expected results to range from 2 cents to 12 cents per share.

• Revenue rose 38.2% to $543.20 million from a year ago; analysts expected $561.05 million.

• Capstone Copper Corp's reported EPS for the quarter was 3 cents​.

• The company reported quarterly net income of $24 million.

• Capstone Copper Corp shares had fallen by 9.9% this quarter and lost 15.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 0.3% in the last three months.​

• In the last 30 days, five analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 16 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the specialty mining & metals peer group is also "buy"

• Wall Street's median 12-month price target for Capstone Copper Corp is C$12.00, about 35.3% above its last closing price of C$7.77

This summary was machine generated from LSEG data August 1 at 04:11 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)