Gold Fields' 1st Half Earnings Per Share Rose Significantly as Sales Grew
July 30 2021 - 2:54AM
Dow Jones News
By Sabela Ojea
Gold Fields Ltd. said Friday that it expects to significantly
increase its first-half earnings per share as well as its headline
and normalized earnings per share, amid higher gold sales.
The South African mining company said earnings per share for the
period are anticipated to be in the range of 42 cents and 46 cents,
up from 18 cents for the year-earlier period.
The company said its headline EPS is anticipated to be in the
range of 43 cents and 47 cents, up from 20 cents, and that
normalized EPS is expected to rise to between 47 cents and 51 cents
from 37 cents.
Gold Fields said its performance benefited from higher gold
prices as well as from more gold being sold.
The company said that attributable gold equivalent production
for the period increased slightly.
Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix
(END) Dow Jones Newswires
July 30, 2021 02:39 ET (06:39 GMT)
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