Kinross Gold Corp reports results for the quarter ended June 30 - Earnings Summary

Reuters
2025.07.30 22:59
portai
I'm PortAI, I can summarize articles.

Kinross Gold Corp reported adjusted earnings of 44 cents per share for the quarter ended June 30, significantly higher than last year's 14 cents and above analysts' expectations of 29 cents. Revenue increased by 41.7% to $1.73 billion, surpassing the forecast of $1.47 billion. The company’s net income was $530.7 million, and shares rose 2.4% this quarter, totaling a 72.7% gain for the year. Analysts maintain a "buy" rating, with a median 12-month price target of $18.75, 17.8% above the last closing price of $15.42.

  • Kinross Gold Corp (K.TO) reported quarterly adjusted earnings of 44 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 14 cents. The mean expectation of twelve analysts for the quarter was for earnings of 29 cents per share. Wall Street expected results to range from 17 cents to 37 cents per share.
  • Revenue rose 41.7% to $1.73 billion from a year ago; analysts expected $1.47 billion.
  • Kinross Gold Corp’s reported EPS for the quarter was 43 cents​.
  • The company reported quarterly net income of $530.7 million.
  • Kinross Gold Corp shares had risen by 2.4% this quarter and gained 72.7% so far this year. FORECAST CHANGES
  • The mean earnings estimate of analysts had risen by about 20.2% in the last three months.​
  • In the last 30 days, one analyst negatively revised an earnings estimate RECOMMENDATIONS
  • The current average analyst rating on the shares is “buy” and the breakdown of recommendations is 11 “strong buy” or “buy,” 3 “hold” and no “sell” or “strong sell.” The average consensus recommendation for the gold peer group is also “buy”
  • Wall Street’s median 12-month price target for Kinross Gold Corp is $18.75, about 17.8% above its last closing price of $15.42 This summary was machine generated from LSEG data July 30 at 10:59 p.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

Jun. 30 2025 0.29 0.44 Beat

Mar. 31 2025 0.23 0.30 Beat

Dec. 31 2024 0.25 0.20 Missed

Sep. 30 2024 0.19 0.24 Beat