IAMGOLD Corp IMG.TO reported quarterly adjusted earnings of 18 cents per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of -1 cents. The mean expectation of nine analysts for the quarter was for earnings of 10 cents per share. Wall Street expected results to range from 6 cents to 13 cents per share.
Revenue rose 95.5% to $438.90 million from a year ago; analysts expected $438.91 million.
IAMGOLD Corp's reported EPS for the quarter was $1.04.
The company reported quarterly net income of $594.1 million.
IAMGOLD Corp shares had fallen by 1.0% this quarter and gained 104.7% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 117.4% in the last three months.
In the last 30 days, two analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy," 5 "hold" and 1 "sell" or "strong sell."
The average consensus recommendation for the gold peer group is also "hold"
Wall Street's median 12-month price target for IAMGOLD Corp is $6.46
This summary was machine generated from LSEG data November 8 at 02:07 a.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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Sep. 30 2024 | 0.10 | 0.18 | Beat |
Jun. 30 2024 | 0.09 | 0.16 | Beat |
Mar. 31 2024 | 0.03 | 0.11 | Beat |
Dec. 31 2023 | 0.02 | 0.06 | Beat |
Comments