Ivanhoe Electric (IE) Reports Q2 Loss, Misses Revenue Estimates

Ivanhoe Electric (IE) came out with a quarterly loss of $0.39 per share versus the Zacks Consensus Estimate of a loss of$ 0.34. This compares to loss of $0.41 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -14.71%. A quarter ago, it was expected that this mineral exploration company would post a loss of$ 0.34 per share when it actually produced earnings of $0.46, delivering a surprise of 235.29%. Over the last four quarters, ...