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Will Barrick Gold Corp (ABX) Beat Estimates Again in Its Next Earnings Report?

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Barrick Gold reports before the market opens on November 9. Analysts expect earnings and revenue to rise from a year ago, but recent estimate revisions have turned less favorable.

Barrick Gold Corp (TSX: ABX) is set to report results for the quarter ended September 30, 2026, before the market opens on November 9. The earnings calendar lists consensus EPS of C$0.80, while a separate trends feed puts it at C$0.96, based on nine analysts. Investors should check which estimate each source uses when assessing the results. The trends feed also expects revenue of US$5.32 billion, up 28.2% year over year.

Recent earnings trend

Barrick Gold Corp

ABX.TO

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ABX.TO

Barrick Gold Corp

Source:WealthAwesomeWealthAwesome
↑ $1.16 (2.09%)
120 day period
$48.73$58.03$67.32May 15Aug 12Nov 5

Market cap

$93.04B

P/E

10.6x

Div. yield

1.16%

Div. / share

$0.65

52W high

$72.80

52W low

$46.84

1W change

+0.97%

Beta

1.20

Analyst Price Targets

Based on analyst covering ABX · as of Nov 6, 2026

📈

Wall Street analysts forecast ABX stock price to rise 15.7% over the next 12 months.

Consensus

Bullish

Based on avg. target vs last close (formal rating unavailable for Canadian listings)

Avg. Target

C$65.39

+15.7% Upside

Previously C$65.03 on Nov 5, 2026

Current Price

C$56.53

Last close

Compare analyst targets →

Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.

Wealth Awesome Price Forecast

WA Model

Statistical 90-day price range based on ABX's historical volatility

HistoricalForecast68%95%
C$32.93C$46.73C$60.53C$74.33C$88.13C$101.93TodayJun 29Sep 2Nov 5Dec 18Jan 31Mar 15

30-Day Vol

44.8%

Annualized

90-Day Vol

44.2%

Annualized

Trend (90d)

+7.0%

Annualized drift

90d Mean

C$57.96

Expected price

HorizonExpected68% Range (1σ)
30 trading daysC$57.00C$48.85 – C$66.52
60 trading daysC$57.48C$46.20 – C$71.51
90 trading daysC$57.96C$44.36 – C$75.73

Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.

Analyst coverage: 9 analyst(s) cover this name; upcoming EPS consensus is available.

Beat estimates in 2 of the last 4 comparable quarter(s).

Fiscal periodReport dateActual EPSEstimateSurprise
2026-09-302026-11-09—0.8000—
2026-06-302026-08-100.82000.8200+0.0%
2026-03-312026-05-110.98000.8000+22.5%
2025-12-312026-02-051.04000.8800+18.2%
2025-09-302025-11-100.58000.6100-4.9%
2025-06-302025-08-110.47000.4600+2.2%
0.00000.52001.0400 24-0924-1225-0325-0625-0925-1226-0326-06 Estimate Actual (≥0) Actual (<0) Wealth Awesome

Barrick beat EPS estimates in two of its last four reported quarters, including a 22.5% surprise in March, and matched estimates in June. For more company details, see our Barrick Gold stock page.

Investor takeaway: Expectations point to strong year-over-year growth, but recent estimate revisions are a caution. Investors should look beyond EPS to realized gold prices, production, unit costs and management’s outlook. The estimates differ between data feeds, so treat them as reference points, not a single agreed-upon target.

C$0.96 EPS consensus in the trends feed

The trends feed’s C$0.96 EPS estimate is 65.7% above the year-ago figure of C$0.58. But it has fallen from C$1.04 over the past 30 days. The earnings calendar lists C$0.80, so keep the difference in mind when judging the results.

Bull case

The trends feed expects EPS to rise 65.7% from a year ago and revenue to grow 28.2%. Recent company coverage points to higher realized gold prices and a planned increase in production from the previous quarter as possible supports.

Barrick’s EPS ranged from C$0.58 to C$1.04 over the last four quarters, and the company beat estimates twice. Its reported profit margin is 31.6%. In the latest quarter, EPS of C$0.82 matched the estimate.

Bear case

Estimate momentum has weakened. The trends-feed EPS consensus fell from C$1.04 to C$0.96 over the past 30 days, with six downward revisions and one upward revision. Recent coverage also flags cost pressures, including higher cash costs and all-in sustaining costs in the previous quarter.

Year-over-year growth may not be enough if production, costs or forward guidance disappoint. The stock’s last close of C$56.53 was below its 50-day and 200-day moving averages.

Wealth Awesome
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Published: November 9, 2026
Last Updated: November 9, 2026

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