Barrick Gold rises after earnings beat, expanding margins
Portfolio Pulse from
Barrick Gold Corp. saw a 6.3% rise in its stock price following a strong earnings report. The company reported adjusted EPS of $0.46, surpassing analyst expectations of $0.42, and adjusted EBITDA of $2.25 billion, slightly above forecasts.
February 12, 2025 | 5:15 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Barrick Gold Corp. reported better-than-expected Q4 earnings, with EPS of $0.46 beating estimates of $0.42, and EBITDA of $2.25 billion slightly above forecasts. This led to a 6.3% increase in stock price.
The earnings beat, with both EPS and EBITDA surpassing expectations, indicates strong financial performance, leading to a positive market reaction and a 6.3% increase in stock price.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100