Why Shares of Eldorado Gold Are Losing Their Luster Today

Falling short of analysts' expectations, Eldorado Gold (NYSE: EGO) reported first-quarter 2022 earnings yesterday after the market closed, and investors are expressing their disappointment today. As of 12:34 p.m. ET on Friday, shares of Eldorado Gold were down 8.2%, recovering slightly from their earlier slide of 12.3%. One source of disappointment that investors found in the earnings report was the $194.7 million in revenue that the company generated during the first quarter of 2022.