New Gold Inc expected to post earnings of 2 cents a share - Earnings Preview

New Gold

10/11/2021 14:11

* New Gold Inc  NGD.TO   is expected to show a rise in quarterly
revenue when it reports  results on November 12. 
* The Toronto, Ontario-based company is expected to report  a
10.7% increase in revenue to $192.303 million from $173.7
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for New Gold Inc is for
earnings of 2 cents per share. For the same quarter last year,
the company reported 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," 7
"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 New Gold Inc is
C$2.22​, about 11.1% above​ its last closing price
of C$1.97. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2021  0.11        0.11       0.16      Beat    45.9
 Mar. 31 2021  0.08        0.09       0.08      Missed  -13.6
 Dec. 31 2020  0.11        0.10       0.15      Beat    44.8​
 Sep. 30 2020  0.09        0.12       0.12      Met     3.2
 ​​Jun.        0.05        0.05       0.08      Beat    55.7
 30 2020                                                
 Mar. 31 2020  0.06        0.07       0.07      Met     6.6​
 Dec. 31 2019  0.04        0.04       0.07      Beat    60.7
 Sep. 30 2019  0.10        0.10       0.15      Beat    50.4
 This summary was machine generated November 10 at 14:11 GMT. 
All figures in US dollars  unless otherwise stated