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AngloGold Ashanti Falls as Investors Await Earnings
Shares dropped 3.76% in the latest session, while Zacks estimates point to higher quarterly earnings and revenue.
Key takeaways
- AngloGold Ashanti closed at $90.04, down 3.76% in its latest trading session.
- Zacks estimates call for quarterly EPS of $1.84 and revenue of $3.05 billion.
AngloGold Ashanti closed at $90.04 in its latest trading session, down 3.76%. The S&P 500 and Nasdaq each fell 0.22%, while the Dow lost 0.66%.
Over the past month, the shares declined 13.24%, compared with a 6.74% loss for the Basic Materials sector. The S&P 500 gained 1.4% over the same period.
Ahead of the company’s upcoming results, Zacks estimates quarterly earnings of $1.84 per share and revenue of $3.05 billion. Those figures would represent year-over-year increases of 39.39% and 28.36%, respectively.
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Further reading
This article was produced with the help of AI technology. Source: Yahoo Finance
