Goldcorp (USA) (GG) Releases Earnings Results, Misses Expectations By $-0.13 EPS

Goldcorp (USA) (GG) reported quarterly earnings results on Wednesday, Jul-27-2016. The company reported $-0.09 earnings per share for the quarter, missing the analyst consensus estimate by $-0.13. Analysts had a consensus of $0.04. The company posted revenue of $921.00 million in the period, compared to analysts expectations of $902.71 million. The company’s revenue was down -30.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.08 EPS.

Many Wall Street Analysts have commented on Goldcorp (USA). Goldcorp (USA) was Downgraded by Goldman to ” Neutral” on May 11, 2016.

Goldcorp (USA) closed down -1.12 points or -5.94% at $17.73 with 2,00,58,346 shares getting traded on Thursday. Post opening the session at $18.72, the shares hit an intraday low of $17.52 and an intraday high of $18.72 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

Goldcorp Inc. (Goldcorp) is a gold producer engaged in the acquisition exploration development and operation of gold properties in Canada the United States Mexico and Central and South America. The Company’s principal products are gold and the byproduct silver copper lead and zinc. Goldcorp’s operating assets include four mines in Canada two mines in Mexico and four in Central and South America.

Goldcorp  (USA)

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