Iamgold (NYSE:IAG) reported its Q1 earnings results on Thursday, May 11, 2023 at 05:29 PM.
Here’s what investors need to know about the announcement.
Earnings
Iamgold beat estimated earnings by 350.0%, reporting an EPS of $0.05 versus an estimate of $-0.02.
Revenue was down $130.40 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.02 which was followed by a 0.4% drop in the share price the next day.
Here’s a look at Iamgold’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0 | -0.03 | 0.02 | 0.02 |
| EPS Actual | -0.02 | -0.03 | -0.01 | 0.05 |
| Revenue Estimate | 370.75M | 297.85M | 346.23M | 334.08M |
| Revenue Actual | 207.20M | 343.30M | 334.00M | 356.60M |
To track all earnings releases for Iamgold visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
