![]() ![]() ![]() This model considers these estimate changes and provides a simple, actionable rating system. Investors can capitalize on this by using the Zacks Rank. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.īased on our research, we believe these estimate revisions are directly related to near-team stock moves. These revisions typically reflect the latest short-term business trends, which can change frequently. It is also important to note the recent changes to analyst estimates for GOLD. These totals would mark changes of +80.39% and +25.62%, respectively, from last year. ![]() Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $0.92 per share and revenue of $12.21 billion. Our most recent consensus estimate is calling for quarterly revenue of $3.03 billion, up 12.99% from the year-ago period. The company is expected to report EPS of $0.27, up 80% from the prior-year quarter. GOLD will be looking to display strength as it nears its next earnings release. In that same time, the Basic Materials sector gained 3.2%, while the S&P 500 gained 1.56%. Elsewhere, the Dow lost 1.45%, while the tech-heavy Nasdaq lost 1.99%.Ĭoming into today, shares of the gold and copper mining company had gained 16.35% in the past month. This change was narrower than the S&P 500's 1.76% loss on the day. In the latest trading session, Barrick Gold (GOLD) closed at $30.11, marking a -1.15% move from the previous day. ![]()
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