Kinross Gold (KGC) Tops Q3 Earnings and Revenue Estimates

Group 1 - Kinross Gold reported quarterly earnings of $0.24 per share, exceeding the Zacks Consensus Estimate of $0.18 per share, and up from $0.12 per share a year ago, representing an earnings surprise of 33.33% [1] - The company achieved revenues of $1.43 billion for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 20.67%, compared to $1.1 billion in the same quarter last year [2] - Kinross Gold shares have increased approximately 64.8% since the beginning of the year, significantly outperforming the S&P 500's gain of 19.8% [3] Group 2 - The current consensus EPS estimate for the upcoming quarter is $0.17 on revenues of $1.13 billion, and for the current fiscal year, it is $0.66 on revenues of $4.87 billion [7] - The Mining - Gold industry is currently ranked in the top 7% of over 250 Zacks industries, indicating a favorable outlook for stocks within this sector [8]