Barrick Gold (ABX) Tops Q4 EPS by 2c, Offers Outlook

Barrick Gold (NYSE: ABX) reported Q4 EPS of $0.08, $0.02 better than the analyst estimate of $0.06.

OUTLOOK

In 2016, we expect to produce 5.0-5.5 million ounces of gold at all-in sustaining costs of $775-$825 per ounce.

For 2017, we expect to produce 5.0-5.5 million ounces of gold at all-in sustaining costs of $740-$790 per ounce.

In 2018, we expect to produce 4.6-5.1 million ounces of gold at all-in sustaining costs of $725-$775 per ounce.

Our aspiration is to achieve all-in sustaining costs below $700 per ounce by 2019.

For earnings history and earnings-related data on Barrick Gold (ABX) click here.

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