Barrick Gold (ABX) Misses Q2 EPS by 1c

Go back to Barrick Gold (ABX) Misses Q2 EPS by 1c

Barrick Reports Second Quarter 2016 Results

July 27, 2016 5:06 PM EDT

TORONTO, ONTARIO -- (Marketwired) -- 07/27/16 -- Barrick Gold Corporation (NYSE: ABX)(TSX: ABX)

All amounts expressed in US dollars

-- Barrick reported net earnings of $138 million ($0.12 per share), and adjusted net earnings(1) of $158 million ($0.14 per share) for the second quarter. Second quarter EBITDA(2) was $881 million. -- The company reported revenues of $2.01 billion in the second quarter, and net cash provided by operating activities ("operating cash flow") was $527 million. Barrick generated $274 million in free cash flow(3) in the second quarter, marking five consecutive quarters of... More