Yahoo Finance IAMGOLD Third Quarter 2022 Earnings: Revenues Beat Expectations, EPS Lags
IAMGOLD (TSE:IMG) Third Quarter 2022 Results
Key Financial Results
Revenue: US$343.3m (up 17% from 3Q 2021).
Net loss: US$108.3m (loss widened by 44% from 3Q 2021).
US$0.23 loss per share (further deteriorated from US$0.16 loss in 3Q 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
IAMGOLD Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 17%. Earnings per share (EPS) missed analyst estimates.
Looking ahead, revenue is forecast to grow 1.1% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Metals and Mining industry in Canada.
Performance of the Canadian Metals and Mining industry.
The company's shares are up 31% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 1 warning sign for IAMGOLD you should be aware of.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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