Torex Gold Resources Inc reports results for the quarter ended in September - Earnings Summary

Torex Resources

10/11/2022 01:01

* Torex Gold Resources Inc  TXG.TO  reported quarterly
adjusted
earnings of 40 cents​​ per share for the quarter ended in
September. The mean expectation of nine analysts for the quarter
was for earnings of 34 cents per share.
    * Revenue fell 3.4% to $209.30 million from a year ago;
analysts
expected $207.50 million. 
    * Torex Gold Resources Inc's reported EPS for the quarter
was 51
cents​.
    * The mean earnings estimate of analysts had fallen by
about 12%
in the last three months.​ 
    * In the last 30 days six analysts negatively revised
earnings
estimates 
    * Torex Gold Resources Inc shares had risen by 3.7% this
quarter and lost 21.4% so far this year.
    * The company reported quarterly net income of $43.9
million.
    * Wall Street's median 12-month price target for Torex Gold
Resources Inc is C$20.00 
    * 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." 

This summary was machine generated from Refinitiv data November
10 at 01:01 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      1.02           1.19           Beat
 Jun. 30 2022      1.00           1.47           Beat
 Mar. 31 2022      0.62           0.54           Missed
 Dec. 31 2021      1.03           1.10           Beat