Sibanye updates H1 earnings outlook
JOHANNESBURG (miningweekly.com) – JSE- and NYSE-listed Sibanye Gold now expects its headline earnings per share (HEPS) for the six months to June 30, to be between 120c and 122c – a 532% to 542% rise on the HEPS of 19c posted in the six months to June 30, 2015.
Earnings per share (EPS) for the six months under review are expected to be between 35c and 37c, 75% to 85% higher than the EPS of 20c in the prior comparable period.
At the end of July, the company had reported that its HEPS were likely to rise by between 484% and 611%, while EPS had been expected to be 70% to 110% higher year-on-year.
Sibanye will publish its results on August 25.
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