Business

Zacks: Brokerages Expect Goldcorp Inc. (GG) to Announce $0.02 Earnings Per Share


Wall Street analysts predict that Goldcorp Inc. (NYSE:GG) (TSE:G) will post earnings of $0.02 per share for the current fiscal quarter, Zacks reports.


On average, analysts expect that Goldcorp will report full-year earnings of $0.05 per share for the current fiscal year, with EPS estimates ranging from $0.02 to $0.07.


For the next financial year, analysts forecast that the company will post earnings of $0.31 per share, with EPS estimates ranging from $0.11 to $0.58.


Scotiabank set a $13.00 price objective on Goldcorp and gave the company a “buy” rating in a report on Friday, October 26th.


Finally, Jefferies Financial Group reiterated a “hold” rating and set a $11.50 price objective on shares of Goldcorp in a report on Monday, October 8th.


Goldcorp Inc acquires, explores for, develops, and operates precious metal properties in Canada, the United States, Mexico, and Central and South America.






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