The market expects Denison Mine (DNN) to ship flat earnings in comparison with the year-ago quarter
The market expects Denison Mine (DNN) to ship flat earnings in comparison with the year-ago quarter on decrease revenues when it stories outcomes for the quarter ended September 2019. This widely-known consensus outlook is vital in assessing the corporate’s earnings image, however a robust issue that may affect its near-term inventory worth is how the precise outcomes evaluate to those estimates.
The inventory may transfer larger if these key numbers prime expectations within the upcoming earnings report, which is anticipated to be launched on November 7. However, in the event that they miss, the inventory could transfer decrease.
Whereas the sustainability of the quick worth change and future earnings expectations will principally rely on administration’s dialogue of enterprise situations on the earnings call, it is value handicapping the likelihood of a constructive EPS shock.
Zacks Consensus Estimate
This uranium mining firm is anticipated to submit quarterly lack of $0.01 per share in its upcoming report, which represents no change from the year-ago quarter.
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