Gold Fields FY 2023 Adj EPS $0.91 Misses $0.99 Estimate, Sales $4.50B Beat $4.47B Estimate
Portfolio Pulse from Benzinga Newsdesk
Gold Fields (NYSE:GFI) reported FY 2023 adjusted EPS of $0.91, missing the consensus estimate of $0.99 by 8.08%. However, their sales of $4.50B exceeded the $4.47B estimate, marking a 4.99% increase from the previous year.
February 22, 2024 | 1:36 pm
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Gold Fields reported FY 2023 adjusted EPS of $0.91, missing estimates by 8.08%, but sales of $4.50B exceeded expectations, growing 4.99% YoY.
The miss in EPS might negatively impact investor sentiment, but the beat on sales and year-over-year growth could offset this. The mixed results present a neutral short-term outlook for GFI's stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100