A Peek at Novagold Resources's Future Earnings

Novagold Resources (AMEX:NG) is preparing to release its quarterly earnings on Tuesday, 2025-04-01. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect Novagold Resources to report an earnings per share (EPS) of $-0.03.

Novagold Resources bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Performance in Previous Earnings

In the previous earnings release, the company missed EPS by $0.01, leading to a 4.76% drop in the share price the following trading session.

Here's a look at Novagold Resources's past performance and the resulting price change:

Quarter	Q4 2024	Q3 2024	Q2 2024	Q1 2024
EPS Estimate	-0.03		-0.02	-0.02
EPS Actual	-0.04	-0.03	-0.04	-0.03
Price Change %	-5.0%	-13.0%	7.000000000000001%	-8.0%

Performance of Novagold Resources Shares

Shares of Novagold Resources were trading at $2.95 as of March 28. Over the last 52-week period, shares are down 10.25%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.

To track all earnings releases for Novagold Resources visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.