Osisko Development Corp reports results for the quarter ended in December - Earnings Summary

March 24, 2023 07:54 PM EDT | By Reuters
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* Osisko Development Corp reported a quarterly adjusted loss of 86 cents​​ per share for the quarter ended in December. The mean expectation of two analysts for the quarter was for a loss of 3 cents per share. * Revenue rose 545.1% to C$19.23 million from a year ago; analysts expected C$19.00 million. * The mean earnings estimate of analysts had fallen by about 528.6% in the last three months.​ * In the last 30 days, there have been no earnings estimate revisions by analysts covering the company. * Osisko Development Corp shares had risen by 8.1% this quarter. * Wall Street's median 12-month price target for Osisko Development Corp is C$9.00 * The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." This summary was machine generated from LSEG Refinitiv data March 24 at 11:54 p.m. UTC. ​All figures in Canadian dollars unless otherwise stated. QUARTER ENDING ESTIMATE ACTUAL BEAT, MET, MISSED Dec. 31 2022 -0.66 -0.14 Beat Sep. 30 2022 0.01 0.17 Beat Jun. 30 2022 0.16 -0.61 Missed Mar. 31 2022 0.10 -0.37 Missed


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