Earnings Preview For Iamgold

Iamgold IAG is preparing to release its quarterly earnings on Thursday, 2024-11-07. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect Iamgold to report an earnings per share (EPS) of $0.10.

Anticipation surrounds Iamgold'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.

Earnings Track Record

Last quarter the company beat EPS by $0.09, which was followed by a 16.3% increase in the share price the next day.

Here's a look at Iamgold's past performance and the resulting price change:

Performance of Iamgold Shares

Shares of Iamgold were trading at $5.33 as of November 05. Over the last 52-week period, shares are up 125.43%. Given that these returns are generally positive, long-term shareholders should be satisfied 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.