New Gold Inc expected to post earnings of 4  cents a share - Earnings Preview

New Gold

21/02/2022 19:34

* New Gold Inc  NGD.TO   is expected to show a fall in
quarterly
revenue when it reports  results on February 23. 
    * The Toronto Ontario-based  company is expected to report 
a
1.3% decrease in revenue to $196.313 million from $198.9 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 4 cents per share. For the same quarter last year,
the company reported earnings of 4 cents per share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 8
"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$2.54​, about 1% above​ its last closing price of C$2.51. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2021  0.10        0.11       0.08      Missed  -27.3
 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.        0.09        0.12       0.12      Met     3.2
 30 2020                                                
 Jun. 30 2020  0.05        0.05       0.08      Beat    55.7​
 Mar. 31 2020  0.06        0.07       0.07      Met     6.6
 Dec. 31 2019  0.04        0.04       0.07      Beat    60.7
 This summary was machine generated February 21 at 19:34 GMT. 
All figures in US dollars  unless otherwise stated