Ivanhoe Electric (IE) Reports Q2 Loss, Lags Revenue Estimates
Ivanhoe Electric reported a quarterly loss of $0.16 per share, slightly wider than the Zacks Consensus Estimate of a $0.15 loss, and matched its year-ago loss of $0.16 per share. The company also lagged revenue estimates for the quarter.
Why it matters — IE watchers would note that the company's results came in below analyst expectations, reflecting a modest earnings miss for the quarter.