Published on 12 Feb 2024 on Zacks via Yahoo Finance
Barrick (GOLD) to Report Q4 Earnings: What's in the Offing?
Barrick Gold Corporation GOLD is scheduled to report fourth-quarter 2023 results before the opening bell on Feb 14.The gold mining giant surpassed the Zacks Consensus Estimate in each of the trailing four quarters, the average being 15.4%. It posted an earnings surprise of 14.3% in the last reported quarter. The company’s fourth-quarter results are expected to have benefited from sequentially higher gold production and prices. However, higher costs are likely to have affected its performance.The stock is down 18.2% in the past year compared with the industry’s 6.9% decline.
