Sandstorm Gold (SAND) Expected to Beat Earnings Estimates: What to Know Ahead of Q4 Release

Core Viewpoint - The market anticipates Sandstorm Gold (SAND) will report a year-over-year decline in earnings despite an increase in revenues when it releases its results for the quarter ended December 2024 [1] Financial Expectations - Sandstorm Gold is expected to post quarterly earnings of $0.04 per share, reflecting a year-over-year decrease of 50$47.4 million, which is an increase of 6.5% from the same quarter last year [3] Estimate Revisions - The consensus EPS estimate has remained unchanged over the last 30 days, indicating that analysts have not significantly altered their initial estimates during this period [4] - The Most Accurate Estimate for Sandstorm Gold is higher than the Zacks Consensus Estimate, resulting in a positive Earnings ESP of +15.39%, suggesting a bullish outlook from analysts [10] Earnings Surprise Prediction - A positive Earnings ESP is a strong indicator of a potential earnings beat, especially when combined with a Zacks Rank of 1 (Strong Buy), 2 (Buy), or 3 (Hold) [8] - Sandstorm Gold currently holds a Zacks Rank of 3, indicating a likelihood of beating the consensus EPS estimate [11] Historical Performance - In the last reported quarter, Sandstorm Gold was expected to earn $0.03 per share but only achieved$0.02, resulting in a surprise of -33.33% [12] - Over the past four quarters, the company has beaten consensus EPS estimates two times [13] Industry Comparison - Agnico Eagle Mines (AEM), another player in the gold mining industry, is expected to report earnings of $1.17 per share for the same quarter, representing a year-over-year increase of 105.3$2.1 billion, up 19.4% from the previous year [17] - Despite a recent upward revision of 3.8% in the consensus EPS estimate for Agnico, a lower Most Accurate Estimate has resulted in a negative Earnings ESP of -2.02%, making it difficult to predict an earnings beat [18]