EPS for Barrick Gold Corp (USA) (ABX) Expected At $0.21

July 19, 2017 - By Ellis Scott

 EPS for Barrick Gold Corp (USA) (ABX) Expected At $0.21

Wall Street await Barrick Gold Corp (USA) (NYSE:ABX) to release earnings on July, 26 after the close. Analysts forecast earnings per share of $0.21, up exactly $0.07 or 50.00 % from 2014’s $0.14 EPS. The expected ABX’s profit could reach $245.02M giving the stock 19.20 P/E in the case that $0.21 earnings per share is reported. After posting $0.14 EPS for the previous quarter, Barrick Gold Corp (USA)’s analysts now forecast 50.00 % EPS growth. The stock increased 0.12% or $0.02 during the last trading session, reaching $16.13. About 6.26M shares traded. Barrick Gold Corp (USA) (NYSE:ABX) has declined 8.26% since July 20, 2016 and is downtrending. It has underperformed by 24.96% the S&P500.

Barrick Gold Corp (USA) (NYSE:ABX) Ratings Coverage

Among 23 analysts covering Barrick Gold Corp. (NYSE:ABX), 10 have Buy rating, 0 Sell and 13 Hold. Therefore 43% are positive. Barrick Gold Corp. had 64 analyst reports since August 6, 2015 according to SRatingsIntel. The stock of Barrick Gold Corp (USA) (NYSE:ABX) has “Equal-Weight” rating given on Tuesday, August 9 by Morgan Stanley. The firm has “Buy” rating given on Tuesday, July 18 by RBC Capital Markets. The firm has “Buy” rating by HSBC given on Tuesday, September 8. The company was downgraded on Tuesday, May 3 by Canaccord Genuity. The firm has “Hold” rating given on Wednesday, December 21 by TD Securities. On Monday, June 12 the stock rating was maintained by RBC Capital Markets with “Buy”. The firm has “Buy” rating by Jefferies given on Friday, April 7. Deutsche Bank upgraded the stock to “Buy” rating in Thursday, August 13 report. The stock of Barrick Gold Corp (USA) (NYSE:ABX) earned “Buy” rating by Jefferies on Tuesday, June 20. Clarkson Capital initiated the stock with “Neutral” rating in Tuesday, February 16 report.

Barrick Gold Corporation is a gold mining company. The company has market cap of $18.82 billion. The Firm is principally engaged in the production and sale of gold and copper, as well as related activities, such as exploration and mine development. It has a 13.27 P/E ratio. The Company’s divisions include Goldstrike, Cortez, Pueblo Viejo, Lagunas Norte, Veladero, Turquoise Ridge, Acacia Mining plc (Acacia), Pascua-Lama and Other Mines.

More notable recent Barrick Gold Corp (USA) (NYSE:ABX) news were published by: Fool.ca which released: “Barrick Gold Corp.: Is This the Right Time to Buy?” on July 10, 2017, also Fool.ca with their article: “Should Kinross Gold Corporation or Barrick Gold Corp. Be in Your Portfolio?” published on July 17, 2017, Fool.ca published: “Barrick Gold Corp.: Is a New Rally Underway?” on June 26, 2017. More interesting news about Barrick Gold Corp (USA) (NYSE:ABX) were released by: Fool.ca and their article: “Will Barrick Gold Corp. Come Out Unscathed From Tanzania Negotiations?” published on June 29, 2017 as well as Fool.com‘s news article titled: “3 Fire-Sale Stocks: Will They Bounce Back or Burn You?” with publication date: June 24, 2017.

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