IAMGold Corporation's recent earnings report showed a slight miss on EPS estimates, raising questions about the company's growth trajectory despite strong operational performance.
IAMGold Corporation (TSX: IMG) reported its second-quarter earnings on August 6, 2026, with an EPS of $0.42, which was below analysts' expectations of $0.44. However, the company demonstrated solid operational metrics, including increased gold production and significant revenue growth, positioning it for potential future gains.
Recent earnings trend
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IAMGold Corporation
IMG.TO
IMG.TO
IAMGold Corporation
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Market cap
$14.59B
P/E
10.6x
52W high
$34.09
52W low
$9.80
1W change
+28.83%
Beta
2.25
Analyst Price Targets
Based on analyst covering IMG
Wall Street analysts forecast IMG stock price to rise 21.3% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$31.00
+21.3% Upside
Current Price
C$25.56
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
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Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on IMG's historical volatility
30-Day Vol
65.4%
Annualized
90-Day Vol
64.8%
Annualized
Trend (90d)
-9.1%
Annualized drift
90d Mean
C$24.74
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$25.28 | C$20.18 – C$31.68 |
| 60 trading days | C$25.01 | C$18.18 – C$34.41 |
| 90 trading days | C$24.74 | C$16.74 – C$36.57 |
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 |
|---|---|---|---|---|
| 2026-09-30 | 2026-11-03 | — | 0.4600 | — |
| 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% |
| 2025-06-30 | 2025-08-07 | 0.1300 | 0.1400 | -7.1% |
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Investor takeaway: While IAMGold's EPS fell short of estimates, the company's operational improvements and strong cash flow generation suggest a positive long-term outlook. Investors should weigh this earnings miss against IAMGold's overall performance and market position.
IAMGold's EPS Misses Estimates by 4.5%, Yet Revenue Grows 55%
IAMGold's revenue for the second quarter reached $856.9 million, a 55% increase year-over-year, despite the slight EPS miss. This reflects strong operational performance that could support future growth.
Bull case
IAMGold's recent operational updates and solid liquidity position indicate that the company is well-positioned to take advantage of future growth opportunities, especially at its Côté Gold project. The strong production numbers and buyback program could enhance shareholder value going forward.
Bear case
The earnings miss might raise concerns among investors about IAMGold's ability to manage costs effectively, particularly in a volatile market. Additionally, concentrated asset risk remains a worry, as any operational setbacks at key sites could affect overall profitability.
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