Company News: Barrick Gold (ABX) Q1 Earnings Beat Analysts’ Forecasts

Market news

26 April 2016

Company News: Barrick Gold (ABX) Q1 Earnings Beat Analysts’ Forecasts

Barrick Gold reported Q1 FY 2016 earnings of $0.11 per share (versus $0.05 in Q1 FY 2015), beating analysts' consensus of $0.10.

The company's quarterly revenues amounted to $1.930 bln (-14% y/y), missing consensus estimate of $1.993 bln.

ABX fell to $15.70 (-2.54%) in pre-market trading.

U.S.: Durable Goods Orders , March 0.8% (forecast 1.8%)

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