OceanaGold Corp expected to post earnings of 2 cents a share - Earnings Preview

OceanaGold

26/04/2024 23:09

* OceanaGold Corp  OGC.TO   is expected to show a rise in
quarterly revenue when it reports  results on April 30 for the
period ending March 31 2024
    * The Vancouver British Columbia-based  company is expected
to
report a 25.9% increase in revenue to $307 million from $243.9
million a year ago, according to the estimate from one analyst,
based on LSEG data.
    * ​LSEG's mean analyst estimate for OceanaGold Corp is for
earnings of 2 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 0.7%
in the last three months. ​
    * Wall Street's median 12-month price target for OceanaGold
Corp
is C$4.38​, above​ its last closing price of C$3.20. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.10        0.11                         
 Sep. 30 2023  0.10        0.11       0.08      Missed  -27.3
 Jun. 30 2023  0.15        0.15       0.22      Beat    46.7​
 Mar. 31 2023  0.12        0.12       0.09      Missed  -23.9
 ​​Dec.                    0.08                         
 31 2022                                                
 Sep. 30 2022  0.07        0.08       0.06      Missed  -22.7​
 Jun. 30 2022  0.10        0.11       0.11      Met     -2.3
 Mar. 31 2022  0.17        0.16       0.20      Beat    28.1
 This summary was machine generated April 26 at 22:09 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)