Idaho Strategic Resources, Inc. (IDR) Tops Q2 Earnings and Revenue Estimates

分组1 - Idaho Strategic Resources, Inc. reported quarterly earnings of $0.17 per share, exceeding the Zacks Consensus Estimate of $0.07 per share, and showing a significant increase from $0.03 per share a year ago, resulting in an earnings surprise of 142.86% [1] - The company posted revenues of $6.13 million for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 17.79%, and compared to $3.24 million in the same quarter last year [2] - Idaho Strategic Resources shares have increased approximately 67.1% since the beginning of the year, significantly outperforming the S&P 500's gain of 14.5% [3] 分组2 - The current consensus EPS estimate for the upcoming quarter is $0.07 on revenues of $5.1 million, and for the current fiscal year, it is $0.27 on revenues of $20.4 million [5] - The estimate revisions trend for Idaho Strategic Resources is mixed, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market in the near future [11] - The Mining - Gold industry, to which Idaho Strategic Resources belongs, is currently ranked in the top 15% of over 250 Zacks industries, suggesting a favorable outlook for the sector [12]