Earnings Outlook for B2Gold Corp Common shares (Canada)

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B2Gold Corp Common shares (Canada) BTG releases its next round of earnings this Tuesday, February 23. Here is Benzinga's essential guide to B2Gold Corp Common shares (Canada)'s Q4 earnings report.

Net Income, Earnings, And Earnings Per Share

Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding.

Earnings And Revenue

Wall Street analysts see B2Gold Corp Common shares (Canada) reporting earnings of $0.01 per share on sales of $207.75 million. In the same quarter last year, B2Gold Corp Common shares (Canada) announced EPS of $0.07 on revenue of $313.66 million.

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Why Analyst Estimates And Earnings Surprises Are Important

Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.

If the company were to match the consensus estimate when it reports Tuesday, EPS would have fallen 85.71%. Sales would be down 33.77% from the same quarter last year. B2Gold Corp Common shares (Canada)'s reported EPS has stacked up against analyst estimates in the past like this:

Quarter Q3 2020 Q2 2020 Q1 2020 Q4 2020
EPS Estimate 0.02 0.02 0.1 0.01
EPS Actual 0.15 0.11 0.1 0.07
Revenue Estimate 204.25 M 204.25 M 386.00 M 207.75 M
Revenue Actual 487.17 M 441.94 M 380.30 M 313.66 M

Stock Performance

Shares of B2Gold Corp Common shares (Canada) were trading at $4.745 as of February 19. Over the last 52-week period, shares are up 6.14%. Given that these returns are generally positive, long-term shareholders are probably happy going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. B2Gold Corp Common shares (Canada) is scheduled to hold the call at 13:00:00 ET and can be accessed here.

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