Barrick reports $0.98 EPS and $5.22B revenue for Q1, beating estimates as gold production exceeds guidance.
Barrick Gold posted first-quarter non-GAAP earnings of $0.98 per share, surpassing estimates by $0.17. Revenue rose 66.8% year-over-year to $5.22 billion, beating expectations by $380 million.
Gold production reached 719,000 ounces, exceeding the company’s guidance range of 640,000 to 680,000 ounces. Copper production of 49,000 tonnes aligned with projections. The company reaffirmed its fiscal 2026 outlook.