$0.09 EPS Expected for Goldcorp Inc. (USA) (GG)

July 17, 2017 - By Ellis Scott

 $0.09 EPS Expected for Goldcorp Inc. (USA) (GG)

Wall Street await Goldcorp Inc. (USA) (NYSE:GG) to release earnings on July, 26. Analysts forecast EPS of $0.09, up exactly $0.10 or 1,000.00 % from 2014’s $-0.01 EPS. The expected GG’s profit could reach $78.66 million giving the stock 36.61 P/E in the case that $0.09 earnings per share is reported. After posting $0.20 EPS for the previous quarter, Goldcorp Inc. (USA)’s analysts now forecast -55.00 % negative EPS growth. The stock increased 1.23% or $0.16 during the last trading session, reaching $13.18. About 4.49 million shares traded. Goldcorp Inc. (USA) (NYSE:GG) has declined 19.95% since July 18, 2016 and is downtrending. It has underperformed by 36.65% the S&P500.

Goldcorp Inc. (USA) (NYSE:GG) Ratings Coverage

Among 18 analysts covering Goldcorp Inc. (NYSE:GG), 6 have Buy rating, 0 Sell and 12 Hold. Therefore 33% are positive. Goldcorp Inc. had 38 analyst reports since July 24, 2015 according to SRatingsIntel. Goldman Sachs downgraded the shares of GG in report on Wednesday, May 11 to “Neutral” rating. The stock of Goldcorp Inc. (USA) (NYSE:GG) has “Hold” rating given on Monday, June 12 by RBC Capital Markets. The firm has “Hold” rating by Berenberg given on Wednesday, September 7. The stock has “Neutral” rating by UBS on Monday, March 28. Credit Suisse downgraded the shares of GG in report on Wednesday, January 13 to “Neutral” rating. The stock has “Buy” rating by Macquarie Research on Wednesday, July 12. The firm earned “Buy” rating on Thursday, October 20 by Desjardins Securities. The firm earned “Underperform” rating on Monday, April 11 by RBC Capital Markets. The firm has “Hold” rating by Deutsche Bank given on Monday, October 5. Citigroup initiated Goldcorp Inc. (USA) (NYSE:GG) rating on Tuesday, August 2. Citigroup has “Neutral” rating and $20 target.

Goldcorp Inc. is a gold producer engaged in the operation, exploration, development and acquisition of precious metal properties in Canada, the United States, Mexico, and Central and South America. The company has market cap of $11.52 billion. The Firm is engaged in the sale of gold, silver, lead, zinc and copper. It has a 45.19 P/E ratio. The Company’s divisions include Red Lake Gold Mines Ontario Partnership , Goldcorp Canada Ltd./Goldcorp Inc. (Porcupine), Musselwhite, Les Mines Opinaca Ltee (Eleonore), Minera Penasquito S.A. de C.V. and Camino Rojo S.A. de C.V. (Penasquito), Desarrollos Mineros San Luis S.A. de C.V. (Los Filos), Montana Exploradora de Guatemala S.A. (Marlin), Oroplata S.A. (Cerro Negro), Corredor SpA (Project Corridor), Minera Alumbrera Limited (Alumbrera), El Morro and Pueblo Viejo Dominicana Corporation (Pueblo Viejo).

More notable recent Goldcorp Inc. (USA) (NYSE:GG) news were published by: Fool.com which released: “Better Buy: Goldcorp Inc. vs. Kinross Gold” on June 28, 2017, also Fool.com with their article: “Why Goldcorp Inc. Shareholders Have Nothing to Worry About” published on June 23, 2017, Marketwatch.com published: “Orla Mining Ltd. to Acquire Camino Rojo Project from Goldcorp Inc.” on June 21, 2017. More interesting news about Goldcorp Inc. (USA) (NYSE:GG) were released by: Fool.ca and their article: “Should Kinross Gold Corporation or Barrick Gold Corp. Be in Your Portfolio?” published on July 17, 2017 as well as Prnewswire.com‘s news article titled: “US Gold Corp. Presentation Now Available for On-Demand Viewing” with publication date: July 17, 2017.

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