Eldorado Gold beats Q2 revenue estimates, adjusted EPS misses

Eldorado Gold

31/07/2025 22:14

Overview

Eldorado Gold Q2 revenue rises 52% yr/yr, beating analyst expectations

Adjusted EPS for Q2 misses analyst estimates

Co repurchased $44.6 mln of shares, indicating confidence in future growth

Outlook

Eldorado maintains 2025 gold production guidance at 460,000-500,000 ounces

Company expects full-year cash costs and AISC at high end of guidance

Eldorado sees impact of Turkish royalty changes on costs

Company entered gold collars for Skouries Project Term Facility

Result Drivers

GOLD PRODUCTION - Increased gold production driven by accelerated inventory drawdowns at Kisladag and higher grade and throughput at Lamaque

REVENUE GROWTH - Revenue increased due to higher average realized gold prices and increased sales volumes

COST INCREASES - Higher production costs attributed to increased royalty expenses and rising labor costs, particularly in Turkiye

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$451.70 mln
$409.50 mln (2 Analysts)
Q2 Adjusted EPS
Miss
$0.44
$0.48 (5 Analysts)
Q2 Net Income
$139 mln
Q2 Adjusted Free Cash Flow
$202 mln
Q2 Capex
$240.90 mln
Q2 Free Cash Flow
-$61.60 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 5 "strong buy" or "buy", 3 "hold" and 1 "sell" or "strong sell"

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

Wall Street's median 12-month price target for Eldorado Gold Corp is C$33.97, about 16.6% above its July 30 closing price of C$28.33

The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 10 three months ago

Press Release: ID:nGNX7WYjNC

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)