Iamgold Earnings: What Investors Should Watch
Iamgold (NYSE:IAG) will report earnings after markets close on Tuesday, May 7th. IAMGOLD Corporation is a mid-tier gold mining company. The Company is focused in West Africa, the Guiana Shield of South America and in Quebec where it has a pipeline of development and exploration projects.
Here is your Cheat Sheet to Iamgold Earnings:
Earnings Expectations: Analysts expect earnings of $0.14 per share on revenues of $381.28 million. Currently, the company’s P/E ratio stands at 6.16.
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 $0.17 to a profit $0.12. For the current year, the average estimate is a profit of $0.57, which is worse than the estimate ninety days ago.
Here’s how Iamgold has been performing on an annual basis:
|Revenue ($) in millions||869.64||914.34||1,097||1,673||1,670|
|Diluted EPS ($)||-0.03||0.32||0.70||2.14||0.89|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||481.60||404.20||410.60||386.80||468.40|
|Diluted EPS ($)||0.3543||0.32||0.14||0.21||0.2243|
Iamgold 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)