Iamgold Corp Expected To Post A Loss Of 1 Cent A Share: Earnings Preview

Iamgold

08/08/2023 22:30

* IAMGOLD Corp  IMG.TO   is expected to show a fall in
quarterly
revenue when it reports  results on August 10. 
    * The Toronto Ontario-based  company is expected to report 
a
29.5% decrease in revenue to $235.348 million from $334 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for IAMGOLD Corp is for
a
loss of 1 cent per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 4
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for IAMGOLD
Corp is
C$4.44​, above​ its last closing price of C$3.33. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.13        0.22                         
 Dec. 31 2023  0.18        0.18       0.14      Missed  -21.3
 Sep. 30 2022  0.14        0.15       0.25      Beat    67.2​
 Jun. 30 2022  0.19        0.19       0.17      Missed  -12.8
 ​​Mar.        0.19        0.19       0.29      Beat    54.8
 31 2022                                                
 Dec. 31 2021  0.14        0.14       0.14      Met     0.2​
 Sep. 30 2021  0.14        0.15       0.16      Beat    9.6
 Jun. 30 2021  0.15        0.16       0.08      Missed  -51.3
 This summary was machine generated August 8 at 21:30 GMT.  All
figures in US dollars  unless otherwise stated