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New Gold Inc <NGD.TO> expected to post earnings of 6 cents a share - Earnings Preview

ReutersFeb 17, 2025 9:16 PM
  • New Gold Inc NGD.TO is expected to show a rise in quarterly revenue when it reports results on February 19 for the period ending December 31 2024

  • The Toronto Ontario-based company is expected to report a 33.5% increase in revenue to $265.905 million from $199.2 million a year ago, according to the mean estimate from 2 analysts, based on LSEG data.

  • ​LSEG's mean analyst estimate for New Gold Inc is for earnings of 6 cents per share.

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," 2 "hold" and 1 "sell" or "strong sell."

  • The mean earnings estimate of analysts was unchanged in the last three months. ​

  • Wall Street's median 12-month price target for New Gold Inc is C$5.50​, above​ its last closing price of C$4.12. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Sep. 30 2024

0.13

0.14

0.16

Beat

17.1

Jun. 30 2024

0.11

0.11

0.14

Beat

31.2

Mar. 31 2024

0.10

0.09

0.08

Missed

-12.5​

Dec. 31 2023

0.11

0.11

0.10

Missed

-8

​​Sep. 30 2023

0.12

0.12

0.15

Beat

26.5

Jun. 30 2023

0.11

0.10

0.08

Missed

-20.3​

Mar. 31 2023

0.12

0.11

0.11

Met

-2.9

Dec. 31 2022

0.08

0.07

0.05

Missed

-27.5

This summary was machine generated February 17 at 21:16 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

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