Skip to main content

Market Overview

Goldcorp Q4 Earnings Preview

Share:

On Wednesday, Goldcorp (NYSE: GG) will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release.

Earnings and Revenue

Wall Street expects EPS of 10 cents and sales around $875.35 million.

In the same quarter last year, Goldcorp announced EPS of 12 cents on revenue of $898 million. If the company were to report inline earnings when it publishes results Wednesday, quarterly profit would be down 16.67 percent. Sales would be down 2.52 percent from the year-ago period.

Goldcorp's reported EPS has stacked up against analyst estimates in the past like this:

 

Quarter Q3 2017 Q2 2017 Q1 2017 Q4 2016
EPS Estimate 0.1 0.1 0.08 0.09
EPS Actual 0.13 0.16 0.2 0.12

 

Q4 EPS Estimate: 10 cents per share
Q4 Revenues Estimate: $875 million

Stock Performance

Over the last 52-week period, shares are down 24.53 percent. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release.

Analysts have adjusted their estimates lower for EPS and revenues over the past 90 days. The average rating by analysts on Goldcorp stock is a Neutral. The validity of this rating has maintained conviction over the past 90 days.

 

Related Articles (GG)

View Comments and Join the Discussion!

Posted-In: Earnings News Previews Trading Ideas

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com