IAMGOLDNYSE: IAG

British Airways owner International Consolidated Airlines Group SA (LSE:IAG) publishes third-quarter results on Friday with UBS expecting revenues of €9.3 billion against €8.6 billion or slightly above consensus. The Swiss bank is also higher than the consensus on profits, with its estimate for an operating surplus of €1.8 billion against the market's €1,77 billion and net income of €1.32 billion (€1.31 billion).

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Iamgold (IAG) concluded the recent trading session at $5.69, signifying a -1.39% move from its prior day's close.

All monetary amounts are expressed in U.S. dollars, unless otherwise indicated. Toronto, Ontario--(Newsfile Corp. - October 23, 2024) - IAMGOLD Corporation (NYSE: IAG) (TSX: IMG) ("IAMGOLD" or the "Company") is pleased to announce assay results from the 2024 drilling program completed at its Nelligan Project (100% owned by IAMGOLD) confirming the extension of the mineralized zones of the deposit.

Does Iamgold (IAG) have what it takes to be a top stock pick for momentum investors? Let's find out.

Iamgold (IAG) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, IAG broke through the 20-day moving average, which suggests a short-term bullish trend.

IAG has shown strong performance with nearly 20% gains and prudent management, particularly in core markets like North America and Europe. Despite inflationary pressures, IAG managed costs well, posting €1.24 billion in operating profits with a strong 15% margin. Risks include inflation, fuel price fluctuations, and geopolitical pressures, but IAG's corporate travel recovery and debt reduction present significant opportunities.

All monetary amounts are expressed in U.S. dollars, unless otherwise indicated. Toronto, Ontario--(Newsfile Corp. - October 15, 2024) - IAMGOLD Corporation (TSX: IMG) (NYSE: IAG) ("IAMGOLD" or the "Company") is pleased to provide an update for the Côté Gold Mine ("Côté Gold" or "Côté") including preliminary operating results for the third quarter of 2024 and updated drilling results on the ongoing drill program in the Gosselin zone, an extension of mineralization immediately adjacent to the northeast of the primary Côté zone.

Iamgold (IAG) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.