GOLD Earnings Prediction
The chart below shows how GOLD performed 10 days before and after its earnings report, based on data from the past quarters. Typically, GOLD sees a +2.08% change in stock price 10 days leading up to the earnings, and a +2.10% change 10 days following the report. On the earnings day itself, the stock moves by +0.56%. This data can give you a slight idea of what to expect for the next quarter's release.
GOLD Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
3.65B
19.16%
8.22%
Gross Margin
45.27%
50.50%
15.78%
Operating Margin
42.61%
73.35%
30.83%
Net Margin
32.57%
66.85%
40.63%
EPS
0.57
111.11%
103.57%
No Data Available
GOLD Earnings Analysis
Barrick Gold Corp Corporation (GOLD.N) Earnings Conference Call
Positive
EBITDA Growth and Margins: EBITDA increased by 30% and EBITDA margins grew both quarter on quarter and for the year, indicating strong operational performance.
Earnings Per Share Growth: Adjusted net earnings per share grew 50% year on year to $1.26, reflecting significant profitability improvements.
Quarterly Cash Flow Increase: Operating cash flow for the quarter was up 18% to $1.4 billion, contributing to a total of $4.5 billion for the year, the highest since 2020.
Free Cash Flow Surge: Free cash flow increased by 104% to $1.3 billion for 2024, supported by strong cash flow from operations and share buybacks totaling $500 million.
Gold Production and Cost Management: Gold production from mines increased by 15% quarter on quarter, with a 3% reduction in cost of sales and a 5% decrease in total cash costs, showcasing effective cost management.
Negative
Safety Performance Concerns: Three fatalities reported in 2024, highlighting safety concerns and unacceptable performance in safety metrics.
Gold Sales Decline: Gold sales decreased significantly due to export restrictions imposed by the Malian government, impacting revenue generation.
Rising Production Costs: Quarterly production costs at Pueblo Viejo increased by 14% despite only a 5% increase in production, indicating rising operational inefficiencies.
Malian Government Payments: Barrick Gold Corporation incurred $249 million in payments to the Malian government in 2024, primarily to advance negotiations, raising concerns about ongoing financial obligations.
Operational Challenges in Mali: The company faced unjust incarceration of team members in Mali, complicating operations and leading to potential legal and financial ramifications.
GOLD FAQs
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GOLD Earning Call Sentiment
Barrick Gold Corporation (NYSE:GOLD) Q4 2024 Earnings Call Transcript
GOLD.N
-1.92%Positive
Barrick has shown strong financial performance with increased free cash flow, EBITDA, and operating cash flow. The company is maintaining its dividend and has a robust share buyback program. Despite operational risks and fatalities, the management's strategic focus on safety and project financing is reassuring. The Q&A section highlighted confidence in managing costs and maintaining growth, with no significant risks identified. Overall, the combination of positive financial metrics, strategic investments, and proactive management responses suggests a positive stock price movement.
