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Published on 29 Oct 2020 on Zacks via Yahoo Finance

Iamgold (IAG) to Report Q3 Results: Wall Street Expects Earnings Growth


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Iamgold (IAG) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2020. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.

The stock might move higher if these key numbers top expectations in the upcoming earnings report. On the other hand, if they miss, the stock may move lower.

While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.

NYSE.IAG price evolution
ASX.IAG price evolution

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