Centerra Gold Inc (TSX:CG) Q3 2024: Everything You Need To Know Ahead Of Earnings

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Oct 30, 2024
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Centerra Gold Inc (TSX:CG, Financial) is set to release its Q3 2024 earnings on Oct 31, 2024. The consensus estimate for Q3 2024 revenue is $466.21 million, and the earnings are expected to come in at $0.32 per share. The full year 2024's revenue is expected to be $1.70 billion and the earnings are expected to be $1 per share. More detailed estimate data can be found on the Forecast page.

Centerra Gold Inc (TSX:CG, Financial) Estimates Trends

Over the past 90 days, revenue estimates for Centerra Gold Inc (TSX:CG) for the full year 2024 have increased from $1.69 billion to $1.70 billion. For 2025, revenue estimates have risen from $1.42 billion to $1.50 billion. Earnings estimates for the full year 2024 have increased from $0.76 per share to $1 per share, and for 2025, estimates have risen from $0.79 per share to $0.86 per share.

Centerra Gold Inc (TSX:CG, Financial) Reported History

In the previous quarter of 2024-06-30, Centerra Gold Inc's (TSX:CG) actual revenue was $393.05 million, which missed analysts' revenue expectations of $405.98 million by -3.19%. Centerra Gold Inc's (TSX:CG) actual earnings were $0.25 per share, which met analysts' earnings expectations. After releasing the results, Centerra Gold Inc (TSX:CG) was down by -1.94% in one day.

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Centerra Gold Inc (TSX:CG, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 10 analysts, the average target price for Centerra Gold Inc (TSX:CG) is $12.80 with a high estimate of $14.09 and a low estimate of $7.55. The average target implies an upside of 25.78% from the current price of $10.18.

Based on GuruFocus estimates, the estimated GF Value for Centerra Gold Inc (TSX:CG, Financial) in one year is $13.12, suggesting an upside of 28.88% from the current price of $10.18.

Based on the consensus recommendation from 11 brokerage firms, Centerra Gold Inc's (TSX:CG, Financial) average brokerage recommendation is currently 2.3, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

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This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.