Anglogold Ashanti H1 EPS $0.33 Down From $0.71 YoY, Sales $2.19B Up From $2.16B YoY
Portfolio Pulse from Benzinga Newsdesk
Anglogold Ashanti (NYSE:AU) reported a 53.52% decrease in quarterly earnings per share (EPS) from $0.71 last year to $0.33 this year. However, the company's sales increased by 1.39% from $2.16 billion to $2.19 billion over the same period.
August 04, 2023 | 2:46 pm
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Anglogold Ashanti's earnings per share decreased significantly, but sales saw a slight increase.
The significant decrease in earnings per share indicates a drop in profitability, which could negatively impact the stock price. However, the slight increase in sales could offset this to some extent.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100