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

• IAMGOLD Corp IMG.TO reported quarterly adjusted earnings of 10 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 6 cents. The mean expectation of eight analysts for the quarter was for earnings of 13 cents per share. Wall Street expected results to range from 7 cents to 16 cents per share.

• Revenue rose 57.9% to $469.90 million from a year ago; analysts expected $489.70 million.

• IAMGOLD Corp's reported EPS for the quarter was 15 cents​.

• The company reported quarterly net income of $86.2 million.

• IAMGOLD Corp shares had risen by 19.1% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 22.6% in the last three months.​

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

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 4 "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 IAMGOLD Corp is C$10.75

This summary was machine generated from LSEG data February 21 at 12:17 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)