Iamgold Corp Expected To Post A Loss Of 2 Cents A Share: Earnings Preview

Iamgold

10/05/2023 02:05

* IAMGOLD Corp  IMG.TO   is expected to show a fall in
quarterly
revenue when it reports  results on May 11. 
    * The Toronto Ontario-based  company is expected to report 
a
36.3% decrease in revenue to $227.32 million from $356.6 million
a year ago, according to the estimate from one analyst, based on
Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for IAMGOLD Corp is for
a
loss of 2 cents 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 had risen by
about 1.8%
in the last three months. ​
    * Wall Street's median 12-month price target for IAMGOLD
Corp is
C$4.36​, below​ its last closing price of C$4.42. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  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. 31 2022  0.19        0.19       0.29      Beat    54.8
 ​​Dec.        0.14        0.14       0.14      Met     0.2
 31 2021                                                
 Sep. 30 2021  0.14        0.15       0.16      Beat    9.6​
 Jun. 30 2021  0.15        0.16       0.08      Missed  -51.3
 Mar. 31 2021  0.24        0.24       0.21      Missed  -10.7
 This summary was machine generated May 10 at 01:05 GMT.  All
figures in US dollars  unless otherwise stated