Eldorado Gold Corp reports results for the quarter ended in September 30 - Earnings Summary

Eldorado Gold

01/11/2024 03:03

* Eldorado Gold Corp  ELD.TO  reported quarterly adjusted
earnings
of 35 cents​​ per share for the quarter ended September 30,
higher than the same quarter last year, when the company
reported EPS of 17 cents.  The mean expectation of ten analysts
for the quarter was for earnings of 34 cents per share. Wall
Street expected results to range from 27 cents to 43 cents per
share.
    * Revenue rose 35.3% to $331.76 million from a year ago;
analysts
expected $360.38 million. 
    * Eldorado Gold Corp's reported EPS for the quarter was 46
cents​.
    * Eldorado Gold Corp shares had risen by 6.3% this
quarter and
gained 45.3% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 1% in
the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the gold peer
group is 
"hold."

Wall Street's median 12-month price target for Eldorado Gold
Corp is 28.00 
This summary was machine generated from LSEG data November 1 at
03:02 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
 Sep. 30 2024      0.72           0.88           Beat
 Jun. 30 2024                                    
 Mar. 31 2024      0.47           0.47           Met
 Dec. 31 2023      0.53           0.79           Beat