Torex Gold Resources Inc expected to post earnings of 36 cents a share - Earnings Preview

Torex Resources

07/05/2024 03:05

* Torex Gold Resources Inc  TXG.TO   is expected to report
resultson May 8 for the period ending March 31 2024
    * The Toronto Ontario-based  company is expected to report
revenue
of $234 million, according to the estimate from one analyst,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Torex Gold Resources Inc
is
for earnings of 36 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 2.4%
in the last three months. ​
    * Wall Street's median 12-month price target for Torex Gold
Resources Inc is C$24.63​, above​ its last closing price
of C$18.99. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  1.44        1.40       1.38      Missed  -1.2
 Sep. 30 2023  0.56        0.69       0.51      Missed  -26.4
 Jun. 30 2023  0.85        0.89       1.04      Beat    16.9​
 Mar. 31 2023  0.66        0.68       0.54      Missed  -20.6
 ​​Dec.        1.24        1.22       1.53      Beat    25.8
 31 2022                                                
 Sep. 30 2022  1.02        1.02       1.19      Beat    16.5​
 Jun. 30 2022  1.22        1.00       1.47      Beat    47.6
 Mar. 31 2022  0.57        0.62       0.54      Missed  -13.3
 This summary was machine generated May 7 at 02:05 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)