Barrick Mining (B) Earnings Expected to Grow: Should You Buy?
Barrick Mining (B) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Barrick Mining Corporation primarily focuses on the entire lifecycle of mineral assets, from their initial discovery and subsequent development to their extraction ...
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$0.65 per share
Est. EPS $0.96 · Revenue $5.49B · 10 analysts
Est. EPS $0.93 · Revenue $5.82B · 8 analysts
Est. EPS $3.62 · Revenue $21.85B · 9 analysts
$0.65 per share
EPS $0.73 · Revenue $5.29B
EPS $0.94 · Revenue $5.22B
EPS $2.98 · Revenue $16.96B
EPS $0.76 · Revenue $4.15B
EPS $0.47 · Revenue $3.68B
| Metric | Latest | YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength. | QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes. |
|---|---|---|---|
| RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three). | $17.0B | +31.2% | +1.4% |
| Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day. | $5.0B | +132.9% | -24.0% |
| Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials. | +51.3% | +33.5% | -9.3% |
| Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on). | +47.8% | +38.7% | -12.8% |
| Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales. | +29.4% | +77.5% | -25.1% |
| Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock. | $4.2B | +218.5% | -59.6% |
| FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine. | +24.7% | +142.7% | -60.2% |
| Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe. | 17.9% | -17.3% | -0.8% |
| Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking. | 2.92x | +1.1% | -1.6% |
| Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground. | $51.5B | +8.1% | -0.6% |
| Metric | Annual (A vs E) | Annual Surprise | Quarter (A vs E) | Quarter Surprise |
|---|---|---|---|---|
| EPS Surprise | 2.98 vs 2.32 | +28.7% | 0.73 vs 0.96 | -24.2% |
| Revenue Surprise | $17.0B vs $16.4B | +3.7% | $5.3B vs $5.5B | -3.6% |
| Date | Executive | Title | Security | Side | Shares | Price |
|---|---|---|---|---|---|---|
| Jan 27, 2025 | Katz Adam J | director | Common Stock, par value $0.01 per share ("Common Stock") | D | 641,163 | $10.00 |
| Jan 27, 2025 | Katz Adam J | director | Common Stock | D | 4,602 | $47.50 |
| Jan 27, 2025 | Manner Hans-Peter | director | Common Stock | D | 17,365 | $47.50 |
| Jan 27, 2025 | Manner Hans-Peter | director | Common Stock | D | 450,000 | $47.50 |
| Jan 27, 2025 | Barnes Elijah Kent | director | Common Stock | D | 21,053 | — |
Operator: Welcome to Barrick's second quarter 2026 Results Presentation. At this time, all participants are in a listen-only mode. As a reminder, this event is being recorded and a replay will be available on Veric's website later today. I will now turn the call over to Emily Chang, vice president of investor relations. Please go ahead. Cleveland Dodge Rueckert: Thank you, and good morning, everyone. Hope you have had an opportunity to review the press releases issued before the markets opened this morning. The presentation deck we will review is also available to download on our website. Website. Presenting our results today are Mark F. Hill, Barrick's President and CEO and Hongyu Cai, Senior EVP and CFO. Other members of Barrick's management team will be available after our prepared remarks for Q&A. Before we begin, please note that there will be forward looking statements. This slide includes a summary of the significant and factors that could affect Barrick's future performance and our ability to deliver on those forward-looking statements. This material is also available on our website. With that, I will turn it over to Mark. Mark F. Hill: Okay. Thanks, Emily, and good morning, everyone. So for those who do not know Emily, is our new vice president, investor relations and joins us from US Steel. So before we share our full quarterly results, I want to begin with the agreement with Newmont we announced today. And, actually, I want to go off script straight away to make the lawyers nervous here. So I want to clarify a few misconceptions here. So firstly, the total value of that package approximately $4 billion. So, obviously, it includes the proportion of Fourmile, but it also includes contribution of Newmont's properties, Mike and Fiberline, which I think around 6.4 million ounces as well. It is also the cost of resolving historical disputes and litigation between the joint venture partners. And it also reduces the friction costs of the planned IPO, which will unlock even greater value for the shareholders beyond the cash proceeds from the transaction. And as we have said, they will be largely returned. To the shareholders. So moving on, we have reached this agreement after 4 months of negotiations. So it now enables us to focus on delivering value through safely and consistently producing ounces. And our interest now are completely aligned as joint venture partner is critical. And I did not want to actually thank our counterparts at Newmont Natasha and her team, and, of course, everyone on the Barrick team. For the enormous amount of effort and work that is gone into this over the last 4 months, the greatest risk of it. Now, before I get into the results, there is also a couple of other things I would like to follow, which I think are the key strengths that have come out of Barrick over the last 9 months. So first, our leadership team. So over the last 10 months, we have improved the operational performance across the entire business. And …
| Name | Title | Compensation | Gender | Year Born | Status |
|---|---|---|---|---|---|
Mark F. Hill | Group COO, President, CEO & Director | USD 2,587,172 | Male | 1965 | Active |
Darian Kevin Rich | Chief Human Resources Officer | USD 1,634,707 | Male | 1961 | Active |
Poupak Bahamin | General Counsel & Chief Compliance Officer | USD 1,197,375 | Female | 1971 | Active |
Hongyu Cai | Senior EVP, CFO & Non-Independent Director | USD 40,000 | Female | 1974 | Active |
Cleveland Dodge Rueckert | Head of Investor Relations | — | Male | — | Active |
Joseph Heckendorn | Senior VP, Corporate Secretary & Associate General Counsel | — | — | — | Active |
James J. McGuire | Chief Legal, Compliance & Policy Officer | — | Male | — | Active |
Woo Lee | Chief Global Affairs Officer | — | Male | — | Active |
George Joannou | Chief Development Officer | — | Male | — | Active |
Barrick Mining (B) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Axiom Investment Management LLC bought a new position in shares of Barrick Mining Corporation (NYSE: B) (TSE: ABX) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 68,767 shares of the gold and copper producer's stock, valued at approximately $2,805,000. Barrick
Bank of Nova Scotia decreased its position in Barrick Mining Corporation (NYSE: B) (TSE: ABX) by 10.4% in the undefined quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 4,145,547 shares of the gold and copper producer's stock after selling 480,790 shares during the quarter.
Assetmark Inc. boosted its position in Barrick Mining Corporation (NYSE: B) (TSE: ABX) by 27.9% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 81,892 shares of the gold and copper producer's stock after acquiring an additional 17,845 shares
B's $14.83M investment in Kingfisher deepens its exposure to the HWY 37 Project and adds technical collaboration on future exploration.