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Ivanhoe Electric Q3 2024 Earnings Results & Report

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$7.70 +0.05 (+0.59%)
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Ivanhoe Electric missed analyst expectations on both earnings and revenue in its Q3 2024 results, released November 8, 2024. The company reported EPS of -$0.36 versus the -$0.34 consensus estimate, while revenue of $670 thousand fell short of the $1 million estimate by $330.00 thousand.

Earnings Announcement Details

Quarter
Q3 2024
Report Date
Time
Before Market Opens
Conference Call
7:00 AM ET

Ivanhoe Electric EPS Results

Actual EPS
-$0.36
Consensus EPS
-$0.34
Beat/Miss
Missed by -$0.02
One Year Ago EPS
N/A
EPS Beat Rate
2 of last 8 quarters

Ivanhoe Electric Revenue Results

Actual Revenue
$670 thousand
Expected Revenue
$1 million
Beat/Miss
Missed by -$330.00 thousand
YoY Revenue Growth
N/A

Earnings Documents

Ivanhoe Electric Q3 2024 Earnings FAQ

Ivanhoe Electric (NYSEAMERICAN:IE) reported earnings of -$0.36 per share for Q3 2024, missing the consensus estimate of -$0.34. The report was announced on Friday, November 8, 2024.

Ivanhoe Electric reported revenue of $670 thousand for Q3 2024, against a consensus estimate of $1 million.

Ivanhoe Electric Earnings Headlines

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About Ivanhoe Electric

Ivanhoe Electric (NYSEAMERICAN:IE) is a U.S.-based mineral exploration and technology company focused on discovering and developing copper and other mineral deposits. Its exploration portfolio includes projects in the United States, including the Santa Cruz Copper Project in Arizona and the Tintic Project in Utah.

The company also develops geophysical exploration technology. Its Typhoon system uses electrical signals to help identify mineral deposits beneath the surface, supporting the search for resources that may be difficult to detect with conventional methods.

Founded in 2020, Ivanhoe Electric became a publicly traded company in 2022. Robert Friedland is its founder and executive chairman, and Taylor Melvin serves as president and chief executive officer.

View Ivanhoe Electric Profile