Stock Track | B2Gold Plunges 5.76% After-Hours on Earnings and Sales Miss
Stock Track
6 hours ago
B2Gold's stock experienced a sharp decline of 5.76% during the after-hours session following the release of its quarterly financial results.
The drop came after the company reported adjusted earnings per share of $0.11 for the quarter, significantly below the analyst consensus estimate of $0.18. Quarterly sales of $1.054 billion also fell short of the expected $1.102 billion. While both metrics showed substantial year-over-year growth, the misses against expectations likely triggered the negative investor reaction.
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