Kinross Gold Q2 2024 Adj EPS $0.17 Beats $0.13 Estimate, Sales $1.22B Beat $1.13B Estimate
Portfolio Pulse from Benzinga Newsdesk
Kinross Gold (NYSE:KGC) reported Q2 2024 earnings of $0.17 per share, beating the analyst estimate of $0.13. The company also reported sales of $1.22 billion, surpassing the $1.13 billion estimate and showing an 11.63% increase from the same period last year.
July 31, 2024 | 9:29 pm
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Kinross Gold reported strong Q2 2024 earnings, with EPS of $0.17 beating estimates by 30.77% and sales of $1.22 billion exceeding expectations by 8.34%. Sales increased by 11.63% year-over-year.
Kinross Gold's strong earnings and sales performance, significantly beating analyst estimates, is likely to positively impact its stock price in the short term. The 11.63% year-over-year sales increase further supports a positive outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100