Fortuna Mining Corp reports results for the quarter ended March 31 - Earnings Summary

• Fortuna Mining Corp FVI.TO reported quarterly adjusted earnings of 20 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 9 cents. The mean expectation of five analysts for the quarter was for earnings of 22 cents per share. Wall Street expected results to range from 20 cents to 24 cents per share.

• Revenue rose 29% to $290.15 million from a year ago; analysts expected $291.00 million.

• Fortuna Mining Corp's reported EPS for the quarter was 19 cents​.

• Fortuna Mining Corp shares had fallen by 1.5% this quarter and gained 39.7% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 11.1% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 2 "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 Fortuna Mining Corp is C$9.50

This summary was machine generated from LSEG data May 8 at 01:29 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)