A month has gone by since the last earnings report for B2Gold (BTG). Shares have added about 14.2% in that time frame, outperforming the S&P 500.
Will the recent positive trend continue leading up to its next earnings release, or is B2Gold due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers.
It turns out, estimates review have trended downward during the past month.
Currently, B2Gold has a poor Growth Score of F, however its Momentum Score is doing a lot better with a C. Charting a somewhat similar path, the stock was allocated a grade of B on the value side, putting it in the second quintile for this investment strategy.
Overall, the stock has an aggregate VGM Score of D. If you aren't focused on one strategy, this score is the one you should be interested in.
Estimates have been broadly trending downward for the stock, and the magnitude of this revision has been net zero. Notably, B2Gold has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.
B2Gold is part of the Zacks Mining - Gold industry. Over the past month, Royal Gold (RGLD), a stock from the same industry, has gained 2%. The company reported its results for the quarter ended December 2024 more than a month ago.
Royal Gold reported revenues of $202.56 million in the last reported quarter, representing a year-over-year change of +32.7%. EPS of $1.63 for the same period compares with $0.95 a year ago.
For the current quarter, Royal Gold is expected to post earnings of $1.28 per share, indicating a change of +40.7% from the year-ago quarter. The Zacks Consensus Estimate has changed -1.9% over the last 30 days.
Royal Gold has a Zacks Rank #3 (Hold) based on the overall direction and magnitude of estimate revisions. Additionally, the stock has a VGM Score of D.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
B2Gold Corp (BTG) : Free Stock Analysis Report
Royal Gold, Inc. (RGLD) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
Zacks Investment Research
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.