Iamgold Earnings: What Investors Should Watch

Iamgold (NYSE:IAG) will report earnings after markets close on Tuesday, May 7th. IAMGOLD Corporation is a mid-tier gold mining company. The Company is focused in West Africa, the Guiana Shield of South America and in Quebec where it has a pipeline of development and exploration projects.

Here is your Cheat Sheet to Iamgold Earnings:

Earnings Expectations: Analysts expect earnings of $0.14 per share on revenues of $381.28 million. Currently, the company’s P/E ratio stands at 6.16.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.17 to a profit $0.12. For the current year, the average estimate is a profit of $0.57, which is worse than the estimate ninety days ago.

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Earnings Trends:

Here’s how Iamgold has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 869.64 914.34 1,097 1,673 1,670
Diluted EPS ($) -0.03 0.32 0.70 2.14 0.89

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 481.60 404.20 410.60 386.80 468.40
Diluted EPS ($) 0.3543 0.32 0.14 0.21 0.2243

Past Performance:
Iamgold has missed analyst estimates 3 times in the past four quarters. Shareholders could expect a bust if the company misses estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)