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Benzinga
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AngloGold Ashanti Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

1. AngloGold Ashanti will report Q3 earnings on Nov. 11. 2. Expected earnings are $1.32 per share, up from 56 cents last year. 3. Revenue estimates are $2.53 billion, down from $3.37 billion. 4. Martin Pawlitschek appointed as CEO on Sept. 30. 5. Analysts upgraded price targets, indicating positive sentiment.

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FAQ

Why Bullish?

Analyst upgrades and positive earnings expectations suggest stronger future performance. Historical data shows that significant earnings increases often lead to higher stock prices.

How important is it?

The article discusses imminent earnings and analyst ratings, crucial for AU investors. Enhanced earnings guidance is highly likely to influence investor sentiment positively.

Why Short Term?

Upcoming earnings report will impact stock price in the immediate future. Previous earnings announcements have influenced AU’s stock significantly.

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