Barrick Gold Corporation (GOLD) reported a profit for second quarter that decreased from the same period last year but beat the Street estimates.
The company's bottom line came in at $305 million, or $0.17 per share. This compares with $488 million, or $0.27 per share, in last year's second quarter.
Excluding items, Barrick Gold Corporation reported adjusted earnings of $336 million or $0.19 per share for the period.
Analysts on average had expected the company to earn $0.18 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter fell 0.9% to $2.833 billion from $2.859 billion last year.
Barrick Gold Corporation earnings at a glance (GAAP) :
-Earnings (Q2): $305 Mln. vs. $488 Mln. last year.-EPS (Q2): $0.17 vs. $0.27 last year.-Analyst Estimates: $0.18-Revenue (Q2): $2.833 Bln vs. $2.859 Bln last year.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.