New Gold Inc reports results for the quarter ended in December - Earnings Summary

New Gold

23/02/2022 17:08

* New Gold Inc  NGD.TO  reported quarterly adjusted earnings
of 4
cents​​ per share for the quarter ended in December. The mean
expectation of eleven analysts for the quarter was for earnings
of 4 cents per share.
    * Revenue rose 1.9% to $202.60 million from a year ago; 
analysts
expected $196.31 million. 
    * New Gold Inc's reported EPS for the quarter was 22 cents​.
    * The mean earnings estimate of analysts had fallen by
about 6.6%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * New Gold Inc shares had risen by 28.6% this quarter.
    * The company reported quarterly net income of $150.9
million.
    * Wall Street's median 12-month price target for New Gold
Inc is
C$2.54 
    * 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." 

This summary was machine generated February 23 at 05:07 p.m.
 ​All figures in US dollars unless otherwise stated