OceanaGold Corp expected to post earnings of 7  cents a share - Earnings Preview

OceanaGold

28/07/2023 07:06

* OceanaGold Corp  OGC.TO   is expected to show a rise in
quarterly revenue when it reports  results on August 1. 
    * The Melbourne Victoria-based  company is expected to
report  a
8.7% increase in revenue to $249.4 million from $229.4 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 7 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$4.25​, above​ its last closing price of C$2.64. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.12        0.12       0.09      Missed  -23.9
 Dec. 31 2023              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.        0.17        0.16       0.20      Beat    28.1
 31 2022                                                
 Dec. 31 2021              0.08                         ​
 Sep. 30 2021  0.09        0.08       0.10      Beat    18.5
 Jun. 30 2021  0.09        0.08       0.05      Missed  -34.9
 This summary was machine generated July 28 at 06:06 GMT.  All
figures in US dollars  unless otherwise stated