Alamos Gold AGI will release its quarterly earnings report on Wednesday, 2024-11-06. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate Alamos Gold to report an earnings per share (EPS) of $0.21.
Alamos Gold bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Performance in Previous Earnings
In the previous earnings release, the company beat EPS by $0.06, leading to a 2.0% increase in the share price the following trading session.
Here's a look at Alamos Gold's past performance and the resulting price change:
Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
---|---|---|---|---|
EPS Estimate | 0.18 | 0.13 | 0.11 | 0.12 |
EPS Actual | 0.24 | 0.13 | 0.12 | 0.14 |
Price Change % | 2.0% | -1.0% | -3.0% | -1.0% |
Market Performance of Alamos Gold's Stock
Shares of Alamos Gold were trading at $20.11 as of November 04. Over the last 52-week period, shares are up 57.23%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
To track all earnings releases for Alamos Gold visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.