Kinross Gold Reports Non-GAAP EPS of $0.44, Exceeding Estimates by $0.05; Revenue of $1.8B Surpasses Expectations by $40M
Written by Emily J. Thompson, Senior Investment Analyst
Source: SeekingAlpha
Q3 Financial Performance: Kinross Gold reported a Q3 Non-GAAP EPS of $0.44, exceeding expectations by $0.05, with revenue reaching $1.8 billion, a 25.9% year-over-year increase, surpassing estimates by $40 million.
Strategic Developments: The company is focusing on strong cash flow, share buybacks, and a promising multi-year production plan, positioning itself as a top-tier cash-generating miner in the gold market.
Analyst Views on CA
Wall Street analysts forecast CA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CA is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
0 Buy
0 Hold
0 Sell
Current: 25.020
Low
Averages
High
Current: 25.020
Low
Averages
High
No data
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
