Iamgold Corp Expected To Post Earnings Of 10 Cents A Share: Earnings Preview

Iamgold

06/11/2024 04:45

* IAMGOLD Corp  IMG.TO   is expected to show a rise in
quarterly
revenue when it reports  results on November 7 for the period
ending September 30 2024
    * The Toronto Ontario-based  company is expected to report a
95.5% increase in revenue to $438.91 million from $224.5 million
a year ago, according to the estimate from one analyst, based on
LSEG data.
    * ​LSEG's mean analyst estimate for IAMGOLD Corp is for
earnings
of 10 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 1 "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
9.00​, above​ its last closing price of C$7.38. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.24        0.25       0.30      Beat    21.2
 Mar. 31 2024              0.15                         
 Dec. 31 2023  0.18        0.15       0.14      Missed  -8.2​
 Sep. 30 2023  0.07        0.08       0.08      Met     -7.1
 ​​Jun.        0.09        0.08       0.05      Missed  -37.8
 30 2023                                                
 Mar. 31 2023  0.13        0.22       0.15      Missed  -32.6​
 Dec. 31 2022  0.18        0.18       0.14      Missed  -21.3
 Sep. 30 2022  0.14        0.15       0.25      Beat    67.2
 This summary was machine generated November 6 at 04:45 GMT.  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)