AngloGold Ashanti Ready to Report Q3 Earnings: What's in the Offing?

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AngloGold Ashanti Ready to Report Q3 Earnings: What's in the Offing?

AngloGold Ashanti PLC AU is slated to report third-quarter 2026 results on Nov. 5, before market open.

The Zacks Consensus Estimate for AU’s third-quarter 2026 earnings has inched up 0.6% over the past 60 days to $1.70 per share. The consensus mark indicates a 28.8% jump from the year-ago actual.

The Zacks Consensus Estimate for AU’s sales is pegged at $2.84 billion, indicating a 19.6% rise from the year-ago reported figure.

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AngloGold Ashanti’s Earnings Surprise History

The company has a trailing four-quarter earnings surprise of 2.4%, on average.

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What the Zacks Model Unveils for AU Stock

Our proven model does not conclusively predict an earnings beat for AngloGold Ashanti this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, but that is not the case here.

Earnings ESP: AU has an Earnings ESP of 0.00%. You can uncover the best stocks before they are reported with our Earnings ESP Filter.

Zacks Rank: The company currently has a Zacks Rank of 3.

Factors Likely to Have Shaped AngloGold Ashanti’s Q3 Performance

AU’s gold production dipped 4% year over year in the first half of 2026, reflecting the sale of Serra Grande mine in December 2025. Lower second-quarter production at Obuasi due to a contractor fatality in April 2026 and planned mine sequencing and maintenance across certain operations also led to the decline. However, the company expects second-half 2026 production to be higher than the first half.

AU has been facing headwinds from higher operating costs for the last few quarters. The upside was due to inflationary cost pressures from increased labor and mining contractor costs. Nonetheless, the impacts of these elevated costs on its earnings were offset by higher prices.

Even though gold prices have dropped since peaking in January 2026, they have been supportive. This momentum in the prices of gold is likely to have improved AU’s performance in the to-be-reported quarter.

AU Stock’s Price Performance

Shares of the company have gained 19% in the past year compared with the industry’s 6.1% return.

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Stocks to Consider

Here are some Basic Materials stocks, which, according to our model, have the right combination of elements to post an earnings beat in their upcoming releases. 

Perimeter Solutions, SA PRM, scheduled to release third-quarter 2026 earnings on Nov. 5, has an Earnings ESP of +3.16% and a Zacks Rank of 2 at present. You can see the complete list of today’s Zacks #1 Rank stocks here.

The Zacks Consensus Estimate for Perimeter Solutions’ earnings for the third quarter of 2026 is pegged at 95 cents per share, indicating 15.8% growth from the year-ago quarter's reported figure. PRM has a trailing four-quarter average earnings surprise of 61.6%.

Avient AVNT, scheduled to release third-quarter 2026 earnings on Nov. 4, has an Earnings ESP of +0.58% and a Zacks Rank of 3 at present.

The Zacks Consensus Estimate for earnings for Avient for the third quarter of 2026 is 81 cents per share, indicating a 15.7% year-over-year increase. Avient has a trailing four-quarter average earnings surprise of 3.4%.

Air Products and Chemicals APD, scheduled to release third-quarter 2026 earnings on Nov. 5, has an Earnings ESP of +0.44% and a Zacks Rank of 3 at present. 

The Zacks Consensus Estimate for earnings for Air Products and Chemicals for the third quarter of 2026 is pegged at $3.60 per share, suggesting a 6.2% year-over-year increase. APD has a trailing four-quarter average earnings surprise of 2.9%.

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AngloGold Ashanti PLC (AU): Free Stock Analysis Report
 
Air Products and Chemicals, Inc. (APD): Free Stock Analysis Report
 
Avient Corporation (AVNT): Free Stock Analysis Report
 
Perimeter Solutions, SA (PRM): Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

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