$0.24 EPS Expected for Barrick Gold Corp (USA) (ABX)

July 17, 2017 - By Marie Mckinney

 $0.24 EPS Expected for Barrick Gold Corp (USA) (ABX)

Investors wait Barrick Gold Corp (USA) (NYSE:ABX) to report on July, 26. its quarterly earnings Wall Street analysts expect $0.24 EPS, up $0.10 or 71.43 % from last year’s $0.14 same quarter earnings. This translates into $284.93 million profit for ABX giving the stock a 16.75 P/E. This is assuming the current $0.24 EPS is accurate. Barrick Gold Corp (USA)’s Wall Street analysts see 71.43 % EPS growth, taking into account the $0.14 EPS reproted in the previous quarter, The stock increased 0.56% or $0.09 during the last trading session, reaching $16.08. About 7.25M shares traded. Barrick Gold Corp (USA) (NYSE:ABX) has declined 8.26% since July 18, 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 63 analyst reports since August 6, 2015 according to SRatingsIntel. Jefferies maintained the stock with “Buy” rating in Friday, July 14 report. As per Thursday, July 14, the company rating was upgraded by Jefferies. The firm earned “Equal Weight” rating on Friday, August 7 by Barclays Capital. The company was initiated on Wednesday, September 7 by Berenberg. The firm has “Sell” rating given on Friday, July 31 by Canaccord Genuity. The company was maintained on Friday, June 23 by TD Securities. Argus Research upgraded the shares of ABX in report on Tuesday, March 15 to “Buy” rating. JP Morgan maintained the stock with “Neutral” rating in Tuesday, March 15 report. The stock has “Buy” rating by Jefferies on Friday, April 7. The firm has “Hold” rating given on Thursday, May 25 by TD Securities.

Barrick Gold Corporation is a gold mining company. The company has market cap of $19.09 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 13.23 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: “Will Barrick Gold Corp. Come Out Unscathed From Tanzania Negotiations?” published on June 29, 2017, Gurufocus.com published: “Harwood Advisory Group, LLC Buys PowerShares S&P 500 Low Volatility Portfolio …” on July 17, 2017. More interesting news about Barrick Gold Corp (USA) (NYSE:ABX) were released by: Fool.ca and their article: “Should Kinross Gold Corporation or Barrick Gold Corp. Be in Your Portfolio?” published on July 17, 2017 as well as Fool.ca‘s news article titled: “Barrick Gold Corp.: Is a New Rally Underway?” with publication date: June 26, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.