Barrick Gold’s first-quarter results
Barrick Gold (GOLD) released its first-quarter earnings results on May 8 before the market opened. It reported EPS of $0.11, which beat analysts’ consensus estimate by $0.02. Its revenue of $2.09 billion, however, missed analysts’ estimate by ~$60 million.
The company released similar results in the fourth quarter of 2018.
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Year-to-date, Barrick stock has underperformed its peers. As of May 7, it had fallen 6.1% compared to GDX’s fall of 3.9%.
Read What to Look For in Barrick Gold’s Q1 Results to compare its results to the market’s expectations. Investors can also look at Checking In on Gold Miners Ahead of Their Q1 2019 Results for analysts’ expectations and ratings on Barrick’s peers ahead of their first-quarter results.
Kinross Gold (KGC) released its earnings results after the market closed on May 7. While the company beat analysts’ consensus bottom line estimate, reporting EPS of $0.07, it missed analysts’ top line estimate.
Yamana Gold (AUY) released its results on May 1. Its EPS of $0.02 beat the consensus estimate by $0.01. The company’s revenue of $407 million missed the consensus estimate by ~1%.