Will Lower Production Weigh on Barrick's (GOLD) Q1 Earnings?

Barrick Gold Corporation (GOLD) is scheduled to report first-quarter 2024 results before the opening bell on May 1.The gold mining giant surpassed the Zacks Consensus Estimate in each of the trailing four quarters, the average being 20.5%. It posted an earnings surprise of 28.6% in the last reported quarter. The company’s first-quarter results are expected to have benefited from higher gold prices. However, sequentially lower gold production and higher costs are likely to have affected its performance.The s ...