What To Expect From SSR Mining Inc (ASX:SSR) Q3 2024 Earnings

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SSR Mining Inc (ASX:SSR, Financial) is set to release its Q3 2024 earnings on Nov 6, 2024. The consensus estimate for Q3 2024 revenue is $326.01 million, and the earnings are expected to come in at $0.23 per share. The full year 2024's revenue is expected to be $1.32 billion and the earnings are expected to be $-2.57 per share. More detailed estimate data can be found on the Forecast page.

SSR Mining Inc (ASX:SSR, Financial) Estimates Trends

Over the past 90 days, revenue estimates for SSR Mining Inc (ASX:SSR) for the full year 2024 have declined from $1.33 billion to $1.32 billion. For 2025, the revenue estimates have increased from $1.61 billion to $1.72 billion. Earnings estimates for the full year 2024 have improved slightly from $-2.60 per share to $-2.57 per share, and for 2025, the earnings estimates have risen from $1.55 per share to $1.83 per share.

SSR Mining Inc (ASX:SSR, Financial) Reported History

In the previous quarter of June 30, 2024, SSR Mining Inc's (ASX:SSR) actual revenue was $280.72 million, which missed analysts' revenue expectations of $286.997 million by -2.19%. SSR Mining Inc's (ASX:SSR) actual earnings were $0.08 per share, which beat analysts' earnings expectations of $0.05 per share by 52%. After releasing the results, SSR Mining Inc (ASX:SSR) remained flat in one day.

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SSR Mining Inc (ASX:SSR, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 1 analyst, the average target price for SSR Mining Inc (ASX:SSR) is $9.77, with a high estimate of $9.77 and a low estimate of $9.77. The average target implies an upside of 5.98% from the current price of $9.22.

Based on GuruFocus estimates, the estimated GF Value for SSR Mining Inc (ASX:SSR, Financial) in one year is $19, suggesting an upside of 106.07% from the current price of $9.22.

Based on the consensus recommendation from 1 brokerage firm, SSR Mining Inc's (ASX:SSR, Financial) average brokerage recommendation is currently 2.0, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

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This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.