SSR Mining Inc. reports results for the quarter ended September 30 - Earnings Summary

• SSR Mining Inc. reported quarterly adjusted earnings of 64 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 32 cents. The mean expectation of six analysts for the quarter was for earnings of 81 cents per share. Wall Street expected results to range from 54 cents to $1.16 per share.

• Revenue rose 16% to $447.66 million from a year ago; analysts expected $479.01 million.

• SSR Mining Inc.'s reported EPS for the quarter was 39 cents​.

• The company reported quarterly net income of $79.88 million.

• SSR Mining Inc. shares had fallen by 19.7% this quarter and gained 22.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 25.3% in the last three months.​

• In the last 30 days, three analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the gold peer group is also "buy"

• Wall Street's median 12-month price target for SSR Mining Inc. is $40.55, about 34.1% above its last closing price of $26.74

This summary was machine generated from LSEG data November 3 at 11:21 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)