AngloGold Ashanti Forecasts 73% Sales Jump; EPS $1.90, Revenue $2.99B
AngloGold Ashanti expects Q4 EPS of $1.90 and revenue of $2.99 billion when it reports February 20, after estimated sales rose 73% to $3.03 billion. Short interest increased 29.1% to 5.4 million shares while shares trade at 12.6 times forward earnings, suggesting potential undervaluation.
1. Quarterly Earnings Preview
AngloGold Ashanti will report Q4 results on February 20, with analysts projecting EPS of $1.90 and revenue of $2.99 billion, reflecting continued strength in its global mining operations.
2. Q4 Sales Surge
Sales for the fourth quarter are estimated at $3.03 billion, a 73% year-over-year increase driven by elevated gold prices and higher production output.
3. Short Interest and Institutional Activity
Short interest climbed 29.1% to 5.4 million shares as of January 30, while HHM Wealth Advisors and Zions Bancorporation acquired new stakes, indicating divergent market views.
4. Valuation Metrics
The stock trades at 12.6 times forward earnings with a P/E of 24.4 and a P/S of 6.38, below peer averages and highlighting potential undervaluation given recent growth.