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

Iamgold

08/05/2024 24:21

* IAMGOLD Corp  IMG.TO   is expected to show a rise in
quarterly
revenue when it reports  results on May 9 for the period ending
January 1 0001
    * The Toronto Ontario-based  company is expected to report a
33.2% increase in revenue to $267.16 million from $200.6 million
a year ago, according to the mean estimate from 2 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for IAMGOLD Corp is for
earnings
of 2 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 5
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 2.6%
in the last three months. ​
    * Wall Street's median 12-month price target for IAMGOLD
Corp is
C$5.48​, above​ its last closing price of C$5.18. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.18        0.15       0.14      Missed  -8.2
 Sep. 30 2023              0.08                         
 Jan. 1 0001   0.09        0.08       0.05      Missed  -37.8​
 Mar. 31 2023              0.22                         
 ​​Jan.        0.18        0.18       0.14      Missed  -21.3
 1 0001                                                 
 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
 This summary was machine generated May 7 at 23:21 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)