Iamgold Q2 2024 Adj. EPS $0.16 Beats $0.09 Estimate, Sales $385.300M Beat $370.300M Estimate
Portfolio Pulse from Benzinga Newsdesk
Iamgold (NYSE:IAG) reported Q2 2024 adjusted EPS of $0.16, significantly beating the $0.09 estimate. Sales were $385.3M, surpassing the $370.3M estimate. This marks a 1700% increase in EPS and a 61.35% rise in sales compared to the same period last year.
August 09, 2024 | 5:43 am
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Iamgold (NYSE:IAG) reported Q2 2024 adjusted EPS of $0.16, beating the $0.09 estimate by 77.78%. Sales were $385.3M, surpassing the $370.3M estimate. This marks a 1700% increase in EPS and a 61.35% rise in sales compared to the same period last year.
Iamgold's strong Q2 2024 earnings and sales performance, significantly beating analyst estimates, is likely to positively impact its stock price in the short term. The substantial year-over-year growth in both EPS and sales further supports a positive outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100