EQUITIES ANALYSTS ISSUE FORECASTS FOR BARRICK GOLD CORP’S Q3 2018 EARNINGS (NYSE:ABX)

Barrick Gold Corp (NYSE:ABX) (TSE:ABX) – Stock analysts at Cormark raised their Q3 2018 EPS estimates for shares of Barrick Gold in a report issued on Tuesday, September 25th, Zacks Investment Research reports. Cormark analyst R. Gray now forecasts that the basic materials company will earn $0.22 per share for the quarter, up from their previous estimate of $0.15. Cormark also issued estimates for Barrick Gold’s Q4 2018 earnings at $0.21 EPS and FY2018 earnings at $0.65 EPS.

Are Jumpy U.S. Equities Hiding a Nasty Surprise?

It was quiet out there in the markets—spooky quiet. All five of the calmest quarters for U.S. stocks in the past 20 years have occurred since the start of 2017. Then came Oct. 10-11, when markets were hit by a storm that came out of the clear blue sky. The S&P 500 fell 5.2 percent over two days. That represented the fifth-biggest increase in volatility in the almost 90-year history of the index and its predecessors, according to Rocky Fishman, a Goldman Sachs Group Inc. equity derivatives strategist.

error: Content is protected !!