Kinross Gold Q4 2023 Adj EPS $0.11 Beats $0.10 Estimate, Sales $1.12B Beat $925.00M Estimate
Portfolio Pulse from Benzinga Newsdesk
Kinross Gold (NYSE:KGC) reported Q4 2023 adjusted EPS of $0.11, surpassing the $0.10 estimate, and sales of $1.12B, exceeding the $925.00M estimate. This represents a 22.22% increase in earnings and a 3.72% increase in sales from the same period last year.
February 14, 2024 | 11:07 pm
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Kinross Gold reported a strong Q4 2023 with adjusted EPS of $0.11, beating estimates, and sales of $1.12B, also above expectations.
The positive earnings and sales beat indicate strong operational performance and could lead to increased investor confidence and a potential uptick in KGC's stock price in the short term. The significant year-over-year growth in both earnings and sales further underscores the company's positive trajectory.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100