Fortuna Mining Corp reports results for the quarter ended June 30 - Earnings Summary

• Fortuna Mining Corp FVI reported quarterly adjusted earnings of 14 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 11 cents. The mean expectation of five analysts for the quarter was for earnings of 21 cents per share. Wall Street expected results to range from 19 cents to 22 cents per share.

• Revenue fell 11.4% to $230.42 million from a year ago; analysts expected $246.00 million.

• Fortuna Mining Corp's reported EPS for the quarter was 12 cents​.

• Fortuna Mining Corp shares had risen by 6.1% this quarter and gained 61.8% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 19.7% 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 no "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

• Wall Street's median 12-month price target for Fortuna Mining Corp is $7.50, about 5.7% above its last closing price of $7.07

This summary was machine generated from LSEG data August 7 at 12:06 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)