Barrick Gold (ABX) Tops Q4 EPS by 1c

Barrick Gold (NYSE: ABX) reported Q4 EPS of $0.22, $0.01 better than the analyst estimate of $0.21. Revenue for the quarter came in at $2.23 billion versus the consensus estimate of $2.22 billion.

• Gold production guidance for 2018 is 4.5-5.0 million ounces, at a cost of sales applicable to gold3 of $810-$850 per ounce, and all-in sustaining costs4 of $765-$815 per ounce. Copper production guidance for 2018 is 385-450 million pounds, at a cost of sales3 of $1.80-$2.10 per pound, and all-in sustaining costs6 of $2.30-$2.60 per pound.
• Based on our current asset mix, from 2019 to 2022 we expect average annual gold production to be between 4.2-4.6 million ounces, at an average cost of sales3 of $850-$980 per ounce, and average all-in sustaining costs4of $750-$875 per ounce.

For earnings history and earnings-related data on Barrick Gold (ABX) click here.

You May Also Be Interested In

• FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
• Carnival Corp. (CCL) Tops Q2 EPS by 8c, Beats on Revenue; Offers Guidance
• FedEx (FDX) Tops Q4 EPS by 39c, Beats on Revenue; Offers FY27 EPS Guidance