Kinross Gold Corp reports results for the quarter ended December 31 - Earnings Summary

Reuters
13 Feb
Kinross Gold Corp reports results for the quarter ended December 31 - Earnings Summary
  • Kinross Gold Corp K.TO reported quarterly adjusted earnings of 20 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 11 cents. The mean expectation of nine analysts for the quarter was for earnings of 25 cents per share. Wall Street expected results to range from 22 cents to 31 cents per share.

  • Revenue rose 26.9% to $1.42 billion from a year ago; analysts expected $1.47 billion.

  • Kinross Gold Corp's reported EPS for the quarter was 22 cents​.

  • The company reported quarterly net income of $275.6 million.

  • Kinross Gold Corp shares had risen by 30.1% this quarter.

FORECAST CHANGES

  • The mean earnings estimate of analysts had risen by about 12.7% in the last three months.​

  • In the last 30 days, three analysts negatively revised earnings estimates

RECOMMENDATIONS

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."

  • The average consensus recommendation for the gold peer group is also "buy"

Wall Street's median 12-month price target for Kinross Gold Corp is $13.00

This summary was machine generated from LSEG data February 13 at 12:00 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Dec. 31 2024

0.25

0.20

Missed

Sep. 30 2024

0.19

0.24

Beat

Jun. 30 2024

0.14

0.14

Met

Mar. 31 2024

0.06

0.10

Beat

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