Novagold Resources NG is set to give its latest quarterly earnings report on Tuesday, 2025-04-01. Here's what investors need to know before the announcement.
Analysts estimate that Novagold Resources will report an earnings per share (EPS) of $-0.03.
Novagold Resources 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).
Past Earnings Performance
The company's EPS missed by $0.01 in the last quarter, leading to a 4.76% drop in the share price on the following day.
Here's a look at Novagold Resources's past performance and the resulting price change:
Quarter | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 |
---|---|---|---|---|
EPS Estimate | -0.03 | -0.02 | -0.02 | |
EPS Actual | -0.04 | -0.03 | -0.04 | -0.03 |
Price Change % | -5.0% | -13.0% | 7.000000000000001% | -8.0% |
Performance of Novagold Resources Shares
Shares of Novagold Resources were trading at $2.95 as of March 28. Over the last 52-week period, shares are down 10.4%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release.
To track all earnings releases for Novagold Resources 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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