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Barrick Gold's Financial Performance In 2018 To Be Marred By Lower Volume

From forbes.com

Barrick Gold Corp (NYSE: GOLD), one of the largest gold mining companies in the world, is set to announce its fourth quarter results on February 13, 2019, followed by a conference call with analysts. The market expects the company to report revenue of $1.95 billion in Q4, 12.4% lower than in Q4 2017. Adjusted earnings for the quarter are expected to be $0.12 per share compared to $0.22 per share in the year-ago period. Full-year adjusted EPS is expected to be $0.42 in 2018, 44% lower than $0.75 in 2017. The lower EPS is likely to be the result of lower gold and copper volume, lower realized prices, and high ... (full story)

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  • Category: Fundamental Analysis