Barrick Gold reports strong Q1 earnings, driven by higher production and lower costs
Key takeaways
- For the quarter ended March 31, Barrick posted adjusted earnings per share of $0.98, beating the consensus estimate of $0.74.
- Revenue rose to $5.22 billion, surpassing expectations of approximately $4.53 billion and increasing from $3.13 billion in the prior-year period.
- The stronger performance was driven by higher-than-expected gold production and improved operational efficiency, supported by elevated realized gold prices.
Barrick Gold reports strong Q1 earnings, driven by higher production and lower costs Proactive Mon, May 11, 2026 at 9:17 PM GMT+7 3 min read B GC=F HG=F GOLD Barrick Gold reports strong Q1 earnings, driven by higher production and lower costs Proactive uses images sourced from Shutterstock Barrick Gold Corp. (TSX:ABX, NYSE:GOLD) shares climbed nearly 7% following the release of its first quarter 2026 results, after the company reported earnings, production, and cash flow that significantly exceeded analyst expectations.
For the quarter ended March 31, Barrick posted adjusted earnings per share of $0.98, beating the consensus estimate of $0.74.
Revenue rose to $5.22 billion, surpassing expectations of approximately $4.53 billion and increasing from $3.13 billion in the prior-year period.