Earnings Outlook For B2Gold
Portfolio Pulse from Benzinga Insights
B2Gold (AMEX:BTG) is scheduled to release its quarterly earnings report on Wednesday, 2024-02-21, with analysts estimating an EPS of $0.08. The company's past earnings performance shows a mixed record of beating and missing EPS estimates, affecting its stock price variably. Shares of B2Gold have declined by 22.4% over the last 52 weeks, indicating potential concern among long-term shareholders ahead of the earnings announcement.
February 20, 2024 | 5:01 pm
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B2Gold is expected to report an EPS of $0.08 for the quarter. Historical performance shows mixed results in beating EPS estimates, with share price reactions varying accordingly. The stock has seen a 22.4% decline over the past year, indicating potential volatility around the earnings announcement.
Given B2Gold's mixed history of beating and missing EPS estimates and the significant decline in its stock price over the past year, the upcoming earnings report could have a neutral to slightly negative impact on the stock price in the short term. The market's reaction will likely hinge on whether the company meets or exceeds the EPS estimate and the forward guidance provided.
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