Barrick Gold, the world's largest gold mining company, is preparing to announce disappointing quarterly earnings of $0.23 per share, marking a significant year-over-year decrease of 20.7%. Though revenues may see a slight uptick to $2.97 billion, analysts indicate a concerning trend in earnings estimates. On the sustainability front, Barrick has secured a 'B' grade for its practices for the third year running and invested $850 million in renewable energy projects, reaffirming its commitment to achieving net-zero emissions by 2050.
“Barrick Gold · is expected to post quarterly earnings · $0.23 per share · in its upcoming report”
“Barrick Gold · has a year-over-year change · -20.7% · in earnings estimate”
“Barrick Gold · will report · results for the quarter ended March 2022 · on May 4, 2022”
“Barrick Gold · is expected to post quarterly earnings · $0.23 per share · year-over-year change of -20.7%”
“Barrick Gold · is expected to have revenues · $2.97 billion · up 0.5% from the year-ago quarter”
“Barrick Gold · has an Earnings ESP · +0.73%”
“Barrick Gold · carries a Zacks Rank · #3”
“Barrick Gold · delivered a surprise · +16.67% · in the last reported quarter”
“Barrick Gold · has beaten consensus EPS estimates · four times · over the last four quarters”
“Barrick Gold Corporation · has · an integrated approach to sustainability · true”
“Barrick Gold Corporation · achieved · a ‘B’ grade for a third consecutive year · true”
“Barrick Gold Corporation · spent · approximately $850 million on renewable energy projects · true”