Earnings Outlook For Barrick Gold
Portfolio Pulse from Benzinga Insights
Barrick Gold (NYSE:GOLD) is scheduled to release its quarterly earnings report on February 14, 2024, with analysts expecting an EPS of $0.21. The company's past earnings performance shows a history of beating EPS estimates, which has occasionally led to positive stock price movements the following day. However, over the last 52 weeks, Barrick Gold's shares have declined by 15.08%, indicating potential investor dissatisfaction. Investors will be particularly attentive to the company's guidance for future growth.
February 13, 2024 | 2:01 pm
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Barrick Gold is expected to report an EPS of $0.21 for the upcoming quarter, with a history of beating estimates. However, shares have declined by 15.08% over the last year, indicating potential investor concern.
Barrick Gold's upcoming earnings report is crucial given its history of beating EPS estimates and the significant decline in share price over the past year. While past performance suggests a potential for positive short-term impact if earnings beat expectations again, the overall negative trend in share price indicates a cautious outlook among investors. The guidance provided for future growth will be particularly influential in determining the short-term price direction.
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