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)