Ivanhoe Electric (US:IE) ZACKS·2025-05-06 23:35Company Performance - Ivanhoe Electric reported a quarterly loss of $0.24 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.21, and an improvement from a loss of $0.46 per share a year ago, indicating a surprise of -14.29% [1] - The company posted revenues of $0.74 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 2%, but showing an increase from $0.36 million in the same quarter last year [2] - Over the last four quarters, Ivanhoe Electric has surpassed consensus EPS estimates only once and has topped consensus revenue estimates just once [2] Stock Performance - Ivanhoe Electric shares have declined approximately 19.7% since the beginning of the year, compared to a decline of 3.9% for the S&P 500 [3] - The current consensus EPS estimate for the upcoming quarter is -$0.17 on revenues of $0.76 million, and for the current fiscal year, it is -$0.68 on revenues of $2.98 million [7] Industry Outlook - The Technology Services industry, to which Ivanhoe Electric belongs, is currently ranked in the top 24% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8] - The performance of Ivanhoe Electric's stock may be influenced by the overall industry outlook, as empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions [5][8]