Osisko Development Corp <ODV.V>: Losses of 30  cents announced for third quarter

10 November 2022 03:25 a.m. ​All figures in Canadian dollars. The loss announced by Osisko Development Corp in the third quarter were lower than the Refinitiv mean estimate of profits. The company reported losses of -30 cents per share, 33 cents lower than the same quarter last year when the company reported EPS of 3 cents. Profits of 11 cents per share were anticipated by the two analysts providing estimates for the quarter. Wall Street expected results to range from zero cents to 21 cents per share, with a forecasted mean of 11 cents per share. The company reported revenue of C$22.79 million, which is lower than the estimated C$30 million. RECOMMENDATIONS * The consensus recommendation for the company is "Buy". * The average consensus recommendation for the gold peer group is also "Buy". FORECAST CHANGES * Two analysts are currently providing Refinitiv with estimates. * In the last week there have been no earnings estimate revisions by analysts covering the company. There was no change to the number of estimates. YEAR OVER YEAR * The company reported an increase in revenue to C$22.79 million from C$3.91 million in the same quarter last year.​ * Previous quarterly performance (using earnings preferred measure) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET, MISSED Jun. 30 2022 0.16​ -0.61 Missed Mar. 31 2022 0.10 -0.37 Missed Dec. 31 2021 0.02 -0.57 Missed​ Sep. 30 2021 This summary was machine generated from Refinitiv data November 10 at 03:25 a.m.