IAMGOLD Corp (IAG) Scheduled to Post Quarterly Earnings on Tuesday
IAMGOLD Corp (NYSE:IAG) is scheduled to be issuing its Q313 quarterly earnings data on Tuesday, November 5th. Analysts expect the company to announce earnings of $0.07 per share and revenue of $346.24 million for the quarter.
IAMGOLD Corp (NYSE:IAG) last issued its quarterly earnings data on Monday, August 12th. The company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.09 by $0.01. The company had revenue of $301.10 million for the quarter, compared to the consensus estimate of $323.62 million. During the same quarter in the previous year, the company posted $0.20 earnings per share. The company’s revenue for the quarter was down 17.4% on a year-over-year basis. On average, analysts expect IAMGOLD Corp to post $0.38 EPS for the current fiscal year and $0.35 EPS for the next fiscal year.
IAMGOLD Corp (NYSE:IAG) opened at 5.01 on Monday. IAMGOLD Corp has a 52 week low of $3.81 and a 52 week high of $15.92. The stock’s 50-day moving average is $4.93 and its 200-day moving average is $5.12. The company has a market cap of $1.887 billion and a P/E ratio of 13.18.
IAG has been the subject of a number of recent research reports. Analysts at Canaccord Genuity initiated coverage on shares of IAMGOLD Corp in a research note to investors on Thursday, October 24th. They set a “buy” rating on the stock. On a related note, analysts at HSBC upgraded shares of IAMGOLD Corp from a “neutral” rating to an “overweight” rating in a research note to investors on Monday, October 21st. Finally, analysts at Roth Capital initiated coverage on shares of IAMGOLD Corp in a research note to investors on Thursday, October 10th. They set a “buy” rating and a $5.50 price target on the stock. Two analysts have rated the stock with a sell rating, ten have given a hold rating and eight have given a buy rating to the company’s stock. IAMGOLD Corp currently has an average rating of “Hold” and an average price target of $9.12.
IAMGOLD Corporation (NYSE:IAG) is a mining company.
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