Company News: Barrick (GOLD) quarterly earnings beat analysts’ estimate

Market news

8 May 2019

Company News: Barrick (GOLD) quarterly earnings beat analysts’ estimate

Barrick (GOLD) reported Q1 FY 2019 earnings of $0.11 per share (versus $0.15 in Q1 FY 2018), beating analysts’ consensus of $0.09.

The company’s quarterly revenues amounted to $2.093 bln (+16.9% y/y), missing analysts’ consensus estimate of $2.148 bln.

GOLD rose to $12.88 (+1.26%) in pre-market trading.

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