On Wednesday, Kinross Gold KGC will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release.
Earnings and Revenue
Analysts predict Kinross Gold will report earnings of 4 cents per share on revenue of $886.79 million.
Kinross Gold reported a loss of 4 cents per share when it published results during the same quarter last year. Sales in that period totaled $902.8 million. The Wall Street estimate would represent a 200 percent increase in the company's earnings. Revenue would have fallen 1.77 percent from the same quarter last year.
Here's how the company's EPS has stacked up against analyst estimates in the past:
Quarter | Q3 2017 | Q2 2017 | Q1 2017 | Q4 2016 |
EPS Estimate | 0.02 | 0.02 | 0.01 | 0.01 |
EPS Actual | 0.07 | 0.04 | 0.02 | -0.04 |
Q4 EPS Estimate: 4 cents per share
Q4 Revenues Estimate: $886 million
Stock Performance
Over the last 52-week period, shares are down 2.2 percent. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.
Analyst estimates are adjusted higher for EPS and revenues over the past 90 days. Analysts have been rating Kinross Gold stock as Neutral. The strength of this rating has maintained conviction over the past three months.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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