Agnico Eagle Mines (AEM) Reports Next Week: Wall Street Expects Earnings Growth

Core Viewpoint - The market anticipates Agnico Eagle Mines (AEM) will report a year-over-year increase in earnings driven by higher revenues, with a focus on how actual results compare to estimates impacting stock price [1][2]. Earnings Expectations - Agnico is expected to report earnings of $1.17 per share, reflecting a year-over-year increase of +105.3%, with revenues projected at $2.1 billion, up 19.4% from the previous year [3]. - The earnings report is scheduled for February 13, 2025, and could influence stock movement based on whether results exceed or fall short of expectations [2]. Estimate Revisions - The consensus EPS estimate has been revised 3.78% higher in the last 30 days, indicating a reassessment by analysts [4]. - A negative Earnings ESP of -2.02% suggests analysts have recently become bearish on Agnico's earnings prospects, complicating predictions of an earnings beat [10][11]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive or negative reading can predict deviations from consensus estimates, with a strong predictive power for positive readings [7][8]. - Agnico's historical performance shows it has beaten consensus EPS estimates in the last four quarters, with a notable surprise of +16.33% in the last reported quarter [12][13]. Industry Comparison - Kinross Gold (KGC), another player in the gold mining industry, is expected to report earnings of $0.23 per share, a year-over-year increase of +109.1%, with revenues projected at $1.11 billion, down 0.7% from the previous year [17]. - Kinross has an Earnings ESP of 8.70% and has consistently beaten consensus EPS estimates in the last four quarters, indicating a more favorable outlook compared to Agnico [18].