Company Overview - Ur Energy (URG) is expected to report a quarterly loss of $0.03 per share, reflecting a year-over-year decline of 50% [3] - Revenues are anticipated to be $6.83 million, which is an increase of 6.7% compared to the same quarter last year [3] Earnings Estimates and Revisions - The consensus EPS estimate has been revised down by 33.33% over the last 30 days, indicating a bearish sentiment among analysts regarding the company's earnings prospects [4] - The Most Accurate Estimate for Ur Energy is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -12.50% [12] Earnings Surprise Prediction - A positive Earnings ESP is generally a strong predictor of an earnings beat, especially when combined with a Zacks Rank of 1 (Strong Buy), 2 (Buy), or 3 (Hold) [10] - Ur Energy currently holds a Zacks Rank of 3, making it challenging to predict an earnings beat [12] Historical Performance - In the last reported quarter, Ur Energy was expected to post a loss of $0.01 per share but actually reported a loss of -$0.04, resulting in a surprise of -300% [13] - The company has not surpassed consensus EPS estimates in any of the last four quarters [14] Industry Context - In comparison, McEwen (MUX), another player in the Zacks Mining - Miscellaneous industry, is expected to report earnings of $0.31 per share, indicating a year-over-year increase of 875% [18] - McEwen's revenue is projected to be $66.1 million, up 26.5% from the previous year, but it has an Earnings ESP of -44.26% despite a Zacks Rank of 2 (Buy) [19][20]
Earnings Preview: Ur Energy (URG) Q3 Earnings Expected to Decline