New Gold: Q3 Earnings Insights

New Gold NGD reported its Q3 earnings results on Thursday, November 3, 2022 at 06:30 AM.

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

Earnings

New Gold missed estimated earnings by 100.0%, reporting an EPS of $-0.02 versus an estimate of $-0.01.

Revenue was down $28.60 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.0 which was followed by a 0.04% drop in the share price the next day.

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

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate -0.02 0.02 0.04 0.02
EPS Actual -0.02 0.02 0.04 0.03
Revenue Estimate 136.71M 165.77M 196.31M 192.30M
Revenue Actual 115.70M 174.70M 202.60M 179.80M

To track all earnings releases for New Gold visit their earnings calendar here.

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

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