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

OceanaGold

26/07/2024 22:53

* OceanaGold Corp  OGC.TO   is expected to show a fall in
quarterly revenue when it reports  results on July 30 for the
period ending June 30 2024
    * The Vancouver British Columbia-based  company is expected
to
report a 7.6% decrease in revenue to $278 million from $301
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 4 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 was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for OceanaGold
Corp
is C$5.00​, above​ its last closing price of C$3.54. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   0.12        0.13       0.11      Missed  -17.5
 Dec. 31 0001              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.        0.12        0.12       0.09      Missed  -23.9
 31 2023                                                
 Dec. 31 2022  0.09        0.08       0.12      Beat    42.4​
 Sep. 30 2022  0.07        0.08       0.06      Missed  -22.7
 Jun. 30 2022  0.10        0.11       0.11      Met     -2.3
 This summary was machine generated July 26 at 21:53 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)