Eldorado Gold Corp T.ELD

Eldorado EPS beats by $0.01, misses on revenue

[CatamaranFund]

Eldorado Gold EPS beats by $0.01, misses on revenue

Feb. 25, 2021 5:36 PM ETEldorado Gold Corporation (EGO)By: Akanksha Bakshi, SA News Editor1 Comment

• Eldorado Gold (NYSE:EGO): Q4 Non-GAAP EPS of $0.33 beats by $0.01; GAAP EPS of $0.13 misses by $0.21.
• Revenue of $278.5M (+45.1% Y/Y) misses by $4.76M. (Not bad considering QMX purchase)
•  Eldorado produced 138,220 ounces of gold in Q4 2020 (Q4 2019: 118,955 ounces).
• Net cash from operating activities of $425.6M in 2020, contributed to free cash flow of $236.2M, primarily as a result of higher sales volumes and a higher average realized gold price.

[Nicksonsnowboar]

Well Cat a miss is a miss.  Thats why its down 4 times more than any other gold stock .As usual burnsies timing has been consistently horrible. Still say its on purpose.  With that said i just went long at 13.26. Maybe i will bring some luck. 

[Vinnie3]

This is really great for ELD because now the surprises are over, the earnings are out and its not that bad, the gold price will not stay low with inflation due to QE, interest rate hikes usually dont correlate with gold historically so this new breed of algo investors that dont program that in their software - the medium term effects  are higher prices due to gigantic money floating around

[goldsucks]

ELD now trades 15% lower than before announcing Greek agreement........unbelievable.

[TJPatrols]

This post has been removed in accordance with Community Policy

[GoldenNugget666]

Stay short sez the guy who went long at $13.26!! You don't have to be batshit crazy to follow nickbear's advice but it helps.

[Nicksonsnowboar]

GN  get a grip on yourself , yes i have gone long on a number of occassions won some lost some  .  Predominately a short player here for a number years . So lighten up