Torex Gold Resources Inc expected to post earnings of 56 cents a share - Earnings Preview

Torex Resources

20/02/2024 03:03

* Torex Gold Resources Inc  TXG.TO   is expected to show a
rise in
quarterly revenue when it reports  results on February 21 for
the period ending December 31 2023
    * The Toronto Ontario-based  company is expected to report a
28.4% increase in revenue to $278 million from $216.5 million a
year ago, according to the mean estimate from 2 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Torex Gold Resources Inc
is
for earnings of 56 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 was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Torex Gold
Resources Inc is C$23.50​, above​ its last closing price
of C$13.97. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.43        0.69                         
 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. 31 2022  1.24        1.22       1.53      Beat    25.8
 ​​Sep.        1.02        1.02       1.19      Beat    16.5
 30 2022                                                
 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
 This summary was machine generated February 20 at 03:02 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)