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| Name | Symbol | Market | Type |
|---|---|---|---|
| Gold Fields Ltd | NYSE:GFI | NYSE | Depository Receipt |
| Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| -0.36 | -2.26% | 15.54 | 38,981 | 13:45:17 |
From May 2019 to May 2024
By Maryam Cockar
Gold Fields Ltd. (GFI.JO) said Thursday that it expects headline earnings for 2017 to drop by as much as 12% on year, citing an increase in amortization.
The South African miner forecasts 2017 headline earnings per share at between $0.23 and $0.26, compared with the $0.26 a share reported in 2016, it said.
Basic loss per share for 2017 is expected to be between $0.22 and $0.25, compared with earnings of $0.20 a share a year earlier.
Gold Fields said that normalized earnings are expected to be 21% to 33% lower than the $0.24 a share reported in 2016, giving a range of between $0.16 and $0.19 a share for 2017.
At 1251 GMT, shares were down 2.58 South African rand ($0.22) at 47.19 rand.
Write to Maryam Cockar at maryam.cockar@dowjones.com
(END) Dow Jones Newswires
February 08, 2018 08:24 ET (13:24 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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