SSR Mining Inc reports results for the quarter ended December 31 - Earnings Summary

• SSR Mining Inc SSRM.OQ reported quarterly adjusted earnings of 10 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 59 cents. The mean expectation of eight analysts for the quarter was for earnings of 16 cents per share. Wall Street expected results to range from 3 cents to 24 cents per share.

• Revenue fell 24.1% to $323.20 million from a year ago; analysts expected $262.15 million.

• SSR Mining Inc's reported EPS for the quarter was 3 cents​.

• The company reported quarterly net income of $5.56 million.

• SSR Mining Inc shares had risen by 29.1% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 4% in the last three months.​

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

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 6 "hold" and 1 "sell" or "strong sell."

• The average consensus recommendation for the gold peer group is also "hold"

Wall Street's median 12-month price target for SSR Mining Inc is C$12.00

This summary was machine generated from LSEG data February 18 at 11:47 p.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)