Torex Gold Resources Inc expected to post earnings of 41  cents a share - Earnings Preview

Torex Resources

10/05/2022 03:04

* Torex Gold Resources Inc  TXG.TO   is expected to show a
fall in
quarterly revenue when it reports  results on May 11. 
    * The Toronto Ontario-based  company is expected to report 
a
10.5% decrease in revenue to $207 million from $231.2 million a
year ago, according to the estimate from one analyst, based on
Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Torex Gold
Resources Inc
is for earnings of 41 cents per share. For the same quarter last
year, the company reported earnings of 66 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$22​, above​ its last closing price
of C$12.69. ​​​
    * 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 2021  1.05        1.03       1.10      Beat    6.6
 Sep. 30 2021  1.15        1.15       1.02      Missed  -10.9
 Jun. 30 2021  0.89        0.86       0.96      Beat    12.3​
 Mar. 31 2021  1.00        0.91       0.76      Missed  -16.7
 ​​Dec.        1.48        1.46       1.59      Beat    8.8
 31 2020                                                
 Sep. 30 2020  1.30        1.38       2.00      Beat    45.1​
 Jun. 30 2020  0.22        0.23       0.03      Missed  -86.7
 Mar. 31 2020  0.32        0.32       0.34      Beat    6.9
 This summary was machine generated May 10 at 02:03 GMT.  All
figures in US dollars  unless otherwise stated