Posted 3/21/2024, 10:15:23 PM
Barrick Gold Stock Outperforms Broader Market on EPS and Revenue Growth Expectations Despite Unfavorable Estimate Revisions
- Barrick Gold (GOLD) stock has risen 6.31% in the past month, outperforming the S&P 500's 5.11% gain
- GOLD is expected to report strong EPS and revenue growth in its next earnings release
- Analyst estimate revisions for GOLD have been unfavorable lately
- GOLD trades at a lower valuation (P/E, PEG ratios) than its industry average
- The Mining - Gold industry ranks in the top 38% of Zacks-covered sectors, suggesting potential for further outperformance
