Recap: New Gold Q3 Earnings

New Gold NGD reported its Q3 earnings results on Friday, November 12, 2021 at 08:00 AM.

Here's what investors need to know about the announcement.

New Gold their estimated earnings by 50.0%, reporting an EPS of $0.03 versus an estimate of $0.02, which surprised analysts.

Revenue was up $6,100,000 from the same period last year.

Last quarter the company beat on EPS by $0.03, which was followed by a 3.05% drop in the share price the next day.

Here's a look at New Gold's past performance:

Quarter	Q2 2021	Q1 2021	Q4 2020	Q3 2020
EPS Estimate	0.01	0.01	0.01	0.01
EPS Actual	0.04	0.01	0.04	0.02
Revenue Estimate	217.32M	217.32M	217.32M	227.30M
Revenue Actual	198.20M	164.90M	198.90M	173.70M

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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