Eldorado Gold Q3 revenue beats estimates

Eldorado Gold

30/10/2025 21:09

Overview

Eldorado Q3 revenue beats analyst expectations

Adjusted EPS for Q3 misses estimates due to derivative losses

Gold production decreased due to challenges at Olympias site

Outlook

Eldorado Gold tightens 2025 gold production guidance to 470,000-490,000 ounces

2025 Skouries project capital guidance increased to $440-$470 mln

Result Drivers

LAMAQUE PRODUCTION - Higher production at Lamaque due to accelerated processing of bulk samples at Ormaque

OLYMPIAS CHALLENGES - Lower production at Olympias due to flotation circuit challenges

ROYALTY EXPENSES - Increased production costs due to higher royalty expenses driven by record gold prices and increased royalty rates in Turkiye

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$434.7 mln
$434.4 mln (2 Analysts)
Q3 Adjusted EPS
Miss
$0.41
$0.48 (6 Analysts)
Q3 Net Income
$56.5 mln
Q3 Adjusted Free Cash Flow
$183.5 mln
Q3 Capex
$255.6 mln
Q3 Free Cash Flow
-$87.4 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$39.58, about 11.5% above its October 29 closing price of C$35.04

The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 9 three months ago

Press Release: ID:nGNX6HdZQ7

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(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.)