IAMGOLD’s adjusted third-quarter EPS was C$0.42, above the calendar estimate of C$0.39. It’s another solid result, but the next test is whether earnings can meet expectations that have recently come down.
IAMGOLD Corporation (TSX: IMG) reported results after the market close on November 5 for the quarter ended September 30, 2026. The earnings calendar lists adjusted EPS of C$0.42 against an estimate of C$0.39, a 7.7% beat. The company also reported revenue of US$856.5 million and net income of US$297 million, according to an Associated Press earnings snapshot. For Canadian investors, the quarter’s results reflect a strong reported profit, while future performance remains tied to operating costs, production and gold prices. See the IAMGOLD stock page for more company and share data.
Recent earnings trend
IAMGold Corporation
IMG.TO
IMG.TO
IAMGold Corporation
WealthAwesomeMarket cap
$15.84B
P/E
9.5x
52W high
$34.09
52W low
$17.82
1W change
+24.89%
Beta
2.39
Analyst Price Targets
Based on analyst covering IMG · as of Nov 10, 2026
Wall Street analysts forecast IMG stock price to rise 22.6% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$34.27
+22.6% Upside
Previously C$34.35 on Nov 9, 2026
Current Price
C$27.95
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on IMG's historical volatility
30-Day Vol
65.9%
Annualized
90-Day Vol
61.1%
Annualized
Trend (90d)
+50.0%
Annualized drift
90d Mean
C$33.41
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$29.66 | C$23.63 – C$37.23 |
| 60 trading days | C$31.48 | C$22.83 – C$43.42 |
| 90 trading days | C$33.41 | C$22.54 – C$49.53 |
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: 6 analyst(s) cover this name; upcoming EPS consensus is available.
Beat estimates in 3 of the last 4 comparable quarter(s).
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-12-31 | 2027-02-16 | — | 0.5200 | — |
| 2026-09-30 | 2026-11-05 | 0.4200 | 0.3900 | +7.7% |
| 2026-06-30 | 2026-08-06 | 0.4200 | 0.4400 | -4.5% |
| 2026-03-31 | 2026-05-04 | 0.6700 | 0.5300 | +26.4% |
| 2025-12-31 | 2026-02-17 | 0.7000 | 0.5900 | +18.6% |
| 2025-09-30 | 2025-11-03 | 0.3000 | 0.2200 | +36.4% |
Investor takeaway: IAMGOLD beat the calendar estimate and has topped estimates in three of its last four reported quarters. But estimates differ by source. The earnings calendar lists C$0.39, while the AP snapshot says four analysts surveyed by Zacks expected US$0.36 per share. These are separate estimates in different currencies, so don’t compare them as if they were the same figure. For next quarter, calendar consensus is C$0.56, down from C$0.65 30 days ago. Analysts made four downward revisions and one upward revision. That makes performance against the latest outlook more important than the latest beat alone.
C$0.42 adjusted EPS
IAMGOLD’s adjusted EPS was 7.7% above the calendar estimate of C$0.39 for the quarter ended September 30. The AP snapshot separately reported adjusted EPS of US$0.42, compared with a Zacks-surveyed estimate of US$0.36. The currencies and estimate sources differ, so keep the comparisons separate.
Bull case
IAMGOLD has beaten EPS estimates in three of its last four comparable quarters, including by 26.4% in March and 18.6% in December. Coverage of the company also points to progress at Côté Gold toward higher throughput and lower unit costs, which could support cash generation. The stock closed at C$27.95, above its 50-day and 200-day moving averages. The average analyst target is C$34.27, suggesting analysts see potential upside from the latest close. Targets are estimates, not guarantees.
Bear case
Mining earnings depend on operating performance and commodity prices, and the available results don’t include a detailed breakdown of this quarter’s margins. Expectations for next quarter have also weakened: EPS consensus fell from C$0.65 to C$0.56 over 30 days, with more downward than upward revisions. The share price is still below its 52-week high of C$34.09, and the wide range in the statistical forecast points to uncertainty. Recent estimate beats don’t eliminate the risks of higher costs, project delays or changes in gold prices.
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