New Gold Inc expected to post earnings of 1 cent a share - Earnings Preview

New Gold

25/04/2025 22:16

New Gold Inc NGD.TO  is expected to show a fall in quarterly revenue when it reports  results on April 29 for the period ending March 31 2025

The Toronto Ontario-based  company is expected to report a 13.3% decrease in revenue to $166.58 million from $192.1 million a year ago, according to the estimate from one analyst, based on LSEG data.

​LSEG's mean analyst estimate for New Gold Inc is for earnings of 1 cent per share.

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."

The mean earnings estimate of analysts had fallen by about 12.1% in the last three months. ​

Wall Street's median 12-month price target for New Gold Inc is C$5.69​, above​ its last closing price of C$4.82. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Dec. 31 2024
0.15
0.15
Sep. 30 2024
0.13
0.14
0.16
Beat
17.1
Jun. 30 2024
0.11
0.11
0.14
Beat
31.2​
Mar. 31 2024
0.10
0.09
0.08
Missed
-12.5
​​Dec. 31 2023
0.11
0.11
0.10
Missed
-8
Sep. 30 2023
0.12
0.12
0.15
Beat
26.5​
Jun. 30 2023
0.11
0.10
0.08
Missed
-20.3
Mar. 31 2023
0.12
0.11
0.11
Met
-2.9

This summary was machine generated April 25 at 21:16 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)