IAMGOLD Corp reports results for the quarter ended in September 30 - Earnings Summary

• 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)