Barrick Gold (ABX) reported earnings on Wed 25 Oct 17 (a/h)

** charts after earnings **

Barrick Gold reports EPS in-line, misses on revs; narrows full-year gold production guidance

• Reports Q3 (Sep) earnings of $0.16 per share, excluding non-recurring items, in-line with the Capital IQ Consensus of $0.16; revenues fell 15.8% year/year to $1.93 bln vs the $2.02 bln Capital IQ Consensus.
• Gold production in the third quarter was 1.243 million ounces, at a cost of sales applicable to gold(3) of $820 per ounce, and all-in sustaining costs(4) of $772 per ounce. 
• Narrowed full-year gold production guidance to 5.3-5.5 million ounces(prior 5.3-5.6 mln ounces) , at a cost of sales(3) of $790-$810 per ounce, and all-in sustaining costs(4) of $740-$770 per ounce. 
• Feasibility level projects at Cortez Deep South, Goldrush, Turquoise Ridge, and Lagunas Norte continue to advance on schedule and within budget.