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

• IAMGOLD Corp IMG reported quarterly adjusted earnings of 6 cents​​ per share for the quarter ended in December, higher than the same quarter last year, when the company reported EPS of -2 cents. The mean expectation of nine analysts for the quarter was for earnings of 2 cents per share. Wall Street expected results to range from 1 cents to 5 cents per share.

• Revenue rose 43.6% to $297.60 million from a year ago; analysts expected $294.16 million.

• IAMGOLD Corp's reported EPS for the quarter was a loss of 2 cents​.

• The company reported a quarterly loss of $9.4 million.

• IAMGOLD Corp shares had fallen by 4.3% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 544.4% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy," 6 "hold" and 1 "sell" or "strong sell."

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

Wall Street's median 12-month price target for IAMGOLD Corp is $3.10

This summary was machine generated from LSEG data February 16 at 12:16 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)