Iamgold IAG is set to give its latest quarterly earnings report on Thursday, 2024-08-08. Here's what investors need to know before the announcement.
Analysts estimate that Iamgold will report an earnings per share (EPS) of $0.07.
Investors in Iamgold are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.
It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.
Earnings History Snapshot
During the last quarter, the company reported an EPS beat by $0.09, leading to a 11.69% increase in the share price on the subsequent day.
Here's a look at Iamgold's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.07 | 0.02 | 0.02 | 0 |
| EPS Actual | 0.16 | 0.11 | 0.06 | -0.01 |
| Price Change % | 16.0% | 12.0% | 2.0% | -1.0% |
Performance of Iamgold Shares
Shares of Iamgold were trading at $5.4 as of November 01. Over the last 52-week period, shares are up 121.51%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
To track all earnings releases for Iamgold 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.
