Group 1 - Kinross Gold reported quarterly earnings of $0.20 per share, missing the Zacks Consensus Estimate of $0.23 per share, but showing an increase from $0.11 per share a year ago, resulting in an earnings surprise of -13.04% [1] - The company posted revenues of $1.42 billion for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 27.77%, compared to $1.12 billion in the same quarter last year [2] - Kinross Gold shares have increased approximately 30.1% since the beginning of the year, significantly outperforming the S&P 500's gain of 3.2% [3] Group 2 - The earnings outlook for Kinross Gold is mixed, with the current consensus EPS estimate for the coming quarter at $0.16 on revenues of $1.29 billion, and $0.84 on revenues of $5.38 billion for the current fiscal year [7] - The Mining - Gold industry, to which Kinross Gold belongs, is currently ranked in the top 33% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - Newmont Corporation, another company in the same industry, is expected to report quarterly earnings of $0.85 per share, reflecting a year-over-year increase of +70%, with revenues anticipated to be $4.88 billion, up 23.4% from the previous year [9][10]
Kinross Gold (KGC) Lags Q4 Earnings Estimates