NEW GOLD and 4 Important Earnings Traders are Watching Closely
NEW GOLD INC. (AMEX:NGD) delivered a profit and missed Wall Street’s expectations, AND came up short on beating the revenue expectation. Adjusted Earnings Per Share increased 22.22% to $0.11 in the quarter versus EPS of $0.09 in the year-earlier quarter. Revenue Rose 41.28% to $250.9 million from the year-earlier quarter.
NEW GOLD INC. reported adjusted EPS income of $0.11 per share. By that measure, the company missed the mean analyst estimate of $0.13. It missed the average revenue estimate of $289.91 million.