Barrick (GOLD) Q4 Earnings Surpass Estimates, Sales Miss

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Barrick Gold Corporation GOLD recorded net earnings (on a reported basis) of $479 million or 27 cents per share in fourth-quarter 2023. The figure improved from a loss of $735 million or 42 cents per share in the year-ago quarter.

Barring one-time items, adjusted earnings per share were 27 cents. The figure beat the Zacks Consensus Estimate of 21 cents.

Barrick recorded total sales of $3,059 million, up 10% year over year. The figure missed the Zacks Consensus Estimate of $3,131.7 million.

https://www.msn.com/en-us/money/taxes/barrick-gold-q4-earnings-surpass-estimates-sales-miss/ar-BB1il0lO

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