Examining the Future: Comstock's Earnings Outlook

Comstock (AMEX:LODE) is set to give its latest quarterly earnings report on Tuesday, 2024-10-22. Here's what investors need to know before the announcement.

Analysts estimate that Comstock will report an earnings per share (EPS) of $-0.03.

The announcement from Comstock is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.

It's worth noting for new investors that guidance can be a key determinant of stock price movements.

Historical Earnings Performance

The company's EPS missed by $0.02 in the last quarter, leading to a 8.33% drop in the share price on the following day.

Here's a look at Comstock's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

-0.04

-0.04

-0.04

0.02

EPS Actual

-0.06

-0.06

0.08

0.11

Price Change %

-8.0%

-9.0%

-5.0%

-1.0%

Stock Performance

Shares of Comstock were trading at $0.51 as of October 18. Over the last 52-week period, shares are up 28.37%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Insights Shared by Analysts on Comstock

For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on Comstock.

The consensus rating for Comstock is Outperform, derived from 1 analyst ratings. An average one-year price target of $2.6 implies a potential 409.8% upside.

Comparing Ratings with Competitors

This comparison focuses on the analyst ratings and average 1-year price targets ...