Gold Mining Stocks' Q2 Earnings On Jul 26: ABX, AEM & More
Zacks Investment Research | Jul 24, 2017 09:55PM ET
A few gold mining companies are gearing up to report their quarterly numbers on Jul 26. The second-quarter earnings season has gotten off to a strong start with a barrage of stocks coming up with positive earnings surprises. Based on the latest Earnings ESP Filter .
Barrick beat estimates in two of the trailing four quarters while missed once and reported in line on the other occasion. In this timeframe, it came up with an average negative surprise of 2.65%.
Barrick Gold Corporation Price and EPS Surprise
the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here .
Agnico Eagle beat estimates in three of the trailing four quarters while missed on the other occasion. In this timeframe, it delivered an average positive surprise of 12.24%.
Goldcorp Inc. (NYSE:GG) will report quarterly results after the bell. The company is expected to come up with a positive earnings surprise as it carries a Zacks Rank #3 and an Earnings ESP of +10%.
Goldcorp beat estimates in two of the trailing four quarters while missed in the other two, delivering an average positive surprise of 5.56%.
New Gold Inc. (TO:NGD) will report after the close. The company has an Earnings ESP of 0.00% as the both the Most Accurate estimate and the Zacks Consensus Estimate stand at 2 cents. The stock carries a Zacks Rank #4 (Sell). We caution against Sell-rated (Zacks Rank #4 or 5) stocks going into the earnings announcement.
For the trailing four quarters, New Gold’s average negative surprise was 16.67%.
New Gold Inc. Price and EPS Surprise
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