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NovaGold Earnings: An Early Look

Dan Caplinger
April 8, 2013

Spring is finally here, and a new earnings season is right around the corner. On Wednesday, NovaGold Resources (NYSEMKT: NG) will release its latest quarterly results. The key to making smart investment decisions on stocks reporting earnings is to anticipate how they'll do before they announce results, leaving you fully prepared to respond quickly to whatever inevitable surprises arise. That way, you'll be less likely to make an uninformed knee-jerk reaction to news that turns out to be exactly the wrong move.

Gold mining stocks have gotten crushed over the past year, as a combination of weak bullion prices and cost-related struggles have led to intense pressure throughout the industry. Yet NovaGold has gotten the attention of hedge-fund investors John Paulson and Seth Klarman, who have taken sizable stakes in the company. Let's take an early look at what's been happening with NovaGold over the past quarter and what we're likely to see in its quarterly report.

Stats on NovaGold Resources

Analyst EPS Estimate


Year-Ago EPS


Revenue Estimate


Year-Ago Revenue


Earnings Beats in Past 4 Quarters


Source: S&P Capital IQ.

Will NovaGold Resou