Golden Star Resources Earnings: Your Sneak Peek to the Big Announcement

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Golden Star Resources (AMEX:GSS) will report earnings after markets close on Wednesday, May 8th. Golden Star Resources Ltd. is a mid-tier gold mining company. The Company’s operating mines are situated along the Ashanti Gold Belt in Ghana, West Africa.

Here is your Cheat Sheet to Golden Star Resources Earnings:

Earnings Expectations: Analysts expect earnings of $0.00 per share on revenues of $135.51 million.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.03 to a loss $0.01. For the current year, the average estimate is a profit of $0.03, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Golden Star Resources has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 257.36 400.74 432.69 471.01 550.54
Diluted EPS ($) -0.506 0.069 -0.04 -0.01 -0.04

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 118.81 131.02 136.31 133.50 149.71
Diluted EPS ($) 0.0280 0.035 0.01 -0.12 0.0352

Past Performance:
Golden Star Resources has missed analyst estimates 3 times in the past four quarters. Shareholders could expect a bust if the company misses estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)

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