New Gold: Q3 Earnings Snapshot
TORONTO (AP) — TORONTO (AP) — New Gold Inc. (NGD) on Tuesday reported third-quarter earnings of $37.9 million.
The Toronto-based company said it had net income of 5 cents per share. Earnings, adjusted for non-recurring costs, came to 8 cents per share.
The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 4 cents per share.
The gold mining company posted revenue of $252 million in the period.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NGD at https://www.zacks.com/ap/NGD