Alamos Gold's Earnings: A Preview

Alamos Gold AGI is gearing up to announce its quarterly earnings on Wednesday, 2024-11-06. Here's a quick overview of what investors should know before the release.

Analysts are estimating that Alamos Gold will report an earnings per share (EPS) of $0.21.

Anticipation surrounds Alamos Gold's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.

New investors should understand that while earnings performance is important, market reactions are often driven by guidance.

Overview of Past Earnings

Last quarter the company beat EPS by $0.06, which was followed by a 2.0% increase in the share price the next day.

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%

eps graph

Performance of Alamos Gold Shares

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 should be satisfied 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.

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