OceanaGold Corp expected to post earnings of 3 cents a share - Earnings Preview

OceanaGold

19/02/2024 05:03

* OceanaGold Corp  OGC.TO   is expected to show a rise in
quarterly revenue when it reports  results on February 21 for
the period ending December 31 2023
    * The Vancouver British Columbia-based  company is expected
to
report a 2.7% increase in revenue to $244.8 million from $238.4
million a year ago, according to the mean estimate from 2
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for OceanaGold Corp is for
earnings of 3 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 1
"hold" and no "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 OceanaGold
Corp
is C$4.00​, above​ its last closing price of C$2.78. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.09        0.11                         
 Jun. 30 2023              0.15                         
 Mar. 31 2023  0.12        0.12       0.09      Missed  -23.9​
 Dec. 31 2022              0.08                         
 ​​Sep.        0.07        0.08       0.06      Missed  -22.7
 30 2022                                                
 Jun. 30 2022  0.10        0.11       0.11      Met     -2.3​
 Mar. 31 2022  0.17        0.16       0.20      Beat    28.1
 Dec. 31 2021              0.08                         
 This summary was machine generated February 19 at 05:02 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)