The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Barrick Gold's revenues will decrease -3.0% and EPS will compress -24.4%.
The average estimate for revenue is $3.18 billion. On the bottom line, the average EPS estimate is $0.59.
Last quarter, Barrick Gold reported revenue of $3.44 billion. GAAP reported sales were 5.7% lower than the prior-year quarter's $3.64 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 $0.92. GAAP EPS of $0.85 for Q1 were 18% lower than the prior-year quarter's $1.04 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 46.4%, 580 basis points worse than the prior-year quarter. Operating margin was 39.5%, 480 basis points worse than the prior-year quarter. Net margin was 24.6%, 390 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $12.70 billion. The average EPS estimate is $2.62.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 2,097 members out of 2,225 rating the stock outperform, and 128 members rating it underperform. Among 289 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 256 give Barrick Gold a green thumbs-up, and 33 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 $45.01.
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