Canada's Kinross Gold Q4 adjusted EPS beats expectations

Kinross Gold

18/02/2026 22:08

Corrects to Adjusted Operating Cash Flow from Adjusted Free Cash Flow in Key Details table

Overview

Gold miner's Q4 revenue rose significantly, driven by higher gold prices

Adjusted EPS for Q4 beat analyst expectations

Company announced 14% increase in quarterly dividend

Outlook

Kinross expects 2026 gold equivalent production of 2.0 million ounces (+/- 5%)

Company forecasts 2026 production cost of sales at $1,360 per Au eq. oz.

Kinross targets 40% of free cash flow return to shareholders in 2026

Result Drivers

HIGHER GOLD PRICES - Increased average realized gold price significantly boosted revenue and margins

COST MANAGEMENT - Kinross maintained cost discipline despite inflationary pressures, supporting strong cash flow

CAPITAL RETURNS - Kinross returned $752.4 million to shareholders and increased dividends, reflecting strong cash flow

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Metal Sales
$2.02 bln
Q4 Adjusted EPS
Beat
$0.67
$0.59 (8 Analysts)
Q4 EPS
$0.75
Q4 Adjusted Net Income
$809.30 mln
Q4 Adjusted Operating Cash Flow
$1.14 bln
Q4 Capex
$368.20 mln
Q4 Free Cash Flow
$769.40 mln


Press Release: ID:nGNX9jMw6G

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(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.)