Torex Gold Resources Inc expected to post earnings of 34cents a share - Earnings Preview

Torex Resources

08/11/2022 03:13

* Torex Gold Resources Inc  TXG.TO   is expected to show a
fall in
quarterly revenue when it reports  results on November 9. 
    * The Toronto Ontario-based  company is expected to report 
a
4.2% decrease in revenue to $207.5 million from $216.7 million a
year ago, according to the mean estimate from 2 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Torex Gold
Resources Inc
is for earnings of 34 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 3
"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 Torex Gold
Resources Inc is C$20​, above​ its last closing price of C$9.91.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2022  1.22        1.00       1.47      Beat    47.6
 Mar. 31 2022  0.57        0.62       0.54      Missed  -13.3
 Dec. 31 2021  1.05        1.03       1.10      Beat    6.6​
 Sep. 30 2021  1.15        1.15       1.02      Missed  -10.9
 ​​Jun.        0.89        0.86       0.96      Beat    12.3
 30 2021                                                
 Mar. 31 2021  1.00        0.91       0.76      Missed  -16.7​
 Dec. 31 2020  1.48        1.46       1.59      Beat    8.8
 Sep. 30 2020  1.30        1.38       2.00      Beat    45.1
 This summary was machine generated November 8 at 03:13 GMT.  All
figures in US dollars  unless otherwise stated