Iamgold Corp Reports Results For The Quarter Ended December 31: Earnings Summary

Iamgold

21/02/2025 24:18

* IAMGOLD Corp  IMG.TO  reported quarterly adjusted earnings
of 10
cents​​ per share for the quarter ended December 31, higher than
the same quarter last year, when the company reported EPS of 6
cents.  The mean expectation of eight analysts for the quarter
was for earnings of 13 cents per share. Wall Street expected
results to range from 7 cents to 16 cents per share.
    * Revenue rose 57.9% to $469.90 million from a year ago;
analysts
expected $489.70 million. 
    * IAMGOLD Corp's reported EPS for the quarter was 15 cents​.
    * The company reported quarterly net income of $86.2
million.
    * IAMGOLD Corp shares had risen by 19.1% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 22.6%
in the last three months.​ 
    * In the last 30 days, three analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the gold peer
group is
also "buy"

Wall Street's median 12-month price target for IAMGOLD Corp is
C$10.75 
This summary was machine generated from LSEG data February 21 at
12:17 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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.25           0.18           Missed
 Sep. 30 2024      0.19           0.25           Beat
 Jun. 30 2024      0.25           0.30           Beat
 Mar. 31 2024      0.15           0.16           Beat