OceanaGold Corp reports results for the quarter ended December 31 - Earnings Summary

• OceanaGold Corp OGC.TO reported quarterly adjusted earnings of 14 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -2 cents. The mean expectation of eight analysts for the quarter was for earnings of 14 cents per share. Wall Street expected results to range from 12 cents to 15 cents per share.

• Revenue rose 59.9% to $427.30 million from a year ago; analysts expected $430.03 million.

• OceanaGold Corp's reported EPS for the quarter was 14 cents​.

• OceanaGold Corp shares had risen by 13.1% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 1.3% in the last three months.​

• In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the gold peer group is also "buy"

Wall Street's median 12-month price target for OceanaGold Corp is C$6.00

This summary was machine generated from LSEG data February 20 at 12:18 a.m. UTC. ​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)