Gold Fields Limited: Trading statement for H1 2020
Rhea-AI Summary
Gold Fields Limited (GFI) reported expected basic earnings per share for H1 2020 between US¢17.1 and US¢18.9, reflecting a significant increase of 90-110% from US¢9.0 per share in H1 2019. This rise highlights improved financial performance, attributed to operational efficiencies and favorable market conditions. The full financial results are set to be disclosed on August 20, 2020.
Positive
- Expected earnings per share increase of 90-110% compared to H1 2019.
- Basic EPS anticipated between US¢17.1 and US¢18.9, showing robust growth.
Negative
- None.
News Market Reaction – GFI
In the trading session that priced this news, GFI gained 1.99%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
JOHANNESBURG, Aug. 5, 2020 /PRNewswire/ -- Gold Fields Limited (Gold Fields) (JSE: GFI) (NYSE: GFI) advises that basic earnings per share for the six months ended 30 June 2020 (H1 2020) are expected to be between US¢17.1-18.9 per share, an increase of 90
The full release is available on our website www.goldfields.com
Gold Fields is expected to release H1 2020 financial results on Thursday, 20 August 2020.
Enquiries
Investors
Avishkar Nagaser
Tel: +27 11 562-9775
Mobile: +27 82 312 8692
Email : Avishkar.Nagaser@goldfields.com
Thomas Mengel
Tel: +27 11 562 9849
Mobile: +27 72 493 5170
Email: Thomas.Mengel@goldfields.com
Media
Sven Lunsche
Tel: +27 11 562-9763
Mobile: +27 83 260 9279
Email : Sven.Lunsche@goldfields.com
View original content:http://www.prnewswire.com/news-releases/gold-fields-limited-trading-statement-for-h1-2020-301106337.html
SOURCE Gold Fields Limited