Ivanhoe Mines Ltd. reports results for the quarter ended September 30 - Earnings Summary
Ivanhoe Mines Ltd. reports results for the quarter ended September 30 - Earnings Summary
Ivanhoe Mines Ltd. IVN.TO reported quarterly adjusted earnings of 4 cents per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 2 cents. The mean expectation of thirteen analysts for the quarter was for earnings of 8 cents per share. Wall Street expected results to range from 6 cents to 12 cents per share.
Revenue rose 105.5% to $289.09 million from a year ago; analysts expected $271.85 million.
Ivanhoe Mines Ltd.'s reported EPS for the quarter was 4 cents.
The company reported quarterly net income of $50.64 million.
Ivanhoe Mines Ltd. shares had fallen by 23.0% this quarter and lost 42.3% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 30.5% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell." The average consensus recommendation for the diversified mining peer group is also "buy"
Wall Street's median 12-month price target for Ivanhoe Mines Ltd. is C$15.50, about 42.7% above its last closing price of C$8.88
This summary was machine generated from LSEG data November 4 at 12:21 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 |
Sep. 30 2026 | 0.08 | 0.04 | Missed |
Jun. 30 2026 | 0.06 | 0.03 | Missed |
Mar. 31 2026 | 0.05 | 0.00 | Missed |
Dec. 31 2025 | 0.04 | 0.04 | Met |
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Ivanhoe Mines Ltd. reports results for the quarter ended September 30 - Earnings Summary