Barrick Gold (NYSE: ABX ) is expected to report Q4 earnings on Feb. 14. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Barrick Gold's revenues will increase 4.3% and EPS will compress -8.5%.
The average estimate for revenue is $3.95 billion. On the bottom line, the average EPS estimate is $1.07.
Last quarter, Barrick Gold recorded revenue of $3.44 billion. GAAP reported sales were 13% lower than the prior-year quarter's $3.97 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.85. GAAP EPS of $0.62 for Q3 were 54% lower than the prior-year quarter's $1.36 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 47.1%, 1,130 basis points worse than the prior-year quarter. Operating margin was 30.6%, 2,260 basis points worse than the prior-year quarter. Net margin was 18.0%, 1,640 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $14.21 billion. The average EPS estimate is $3.80.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 2,057 members out of 2,174 rating the stock outperform, and 117 members rating it underperform. Among 375 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 340 give Barrick Gold a green thumbs-up, and 35 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Barrick Gold is outperform, with an average price target of $52.11.
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