OceanaGold Corp expected to post earnings of 4  cents a share - Earnings Preview

OceanaGold

28/04/2023 07:02

* OceanaGold Corp  OGC.TO   is expected to show a fall in
quarterly revenue when it reports  results on May 2. 
    * The Melbourne Victoria-based  company is expected to
report  a
19.5% decrease in revenue to $230 million from $285.7 million a
year ago, according to the estimate from one analyst, based on
Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for OceanaGold Corp is
for
earnings of 4 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 had fallen by
about 11.3%
in the last three months. ​
    * Wall Street's median 12-month price target for OceanaGold
Corp
is C$4.13​, above​ its last closing price of C$3.14. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.09        0.08                         
 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
 ​​Dec.                    0.08                         
 31 2021                                                
 Sep. 30 2021  0.09        0.08       0.10      Beat    18.5​
 Jun. 30 2021  0.09        0.08       0.05      Missed  -34.9
 Mar. 31 2021  0.12        0.11       0.07      Missed  -41.4
 This summary was machine generated April 28 at 06:02 GMT.  All
figures in US dollars  unless otherwise stated