Kinross Gold (KGC) Beats Q3 Earnings and Revenue Estimates

Core Insights - Kinross Gold reported quarterly earnings of $0.44 per share, exceeding the Zacks Consensus Estimate of $0.39 per share, and showing a significant increase from $0.24 per share a year ago, resulting in an earnings surprise of +12.82% [1] - The company achieved revenues of $1.8 billion for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 17.76% and up from $1.43 billion year-over-year [2] - Kinross Gold shares have appreciated approximately 152.4% year-to-date, significantly outperforming the S&P 500's gain of 16.5% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.32 on revenues of $1.48 billion, while for the current fiscal year, the estimate is $1.57 on revenues of $6.53 billion [7] - The estimate revisions trend for Kinross Gold was favorable prior to the earnings release, leading to a Zacks Rank 1 (Strong Buy) for the stock, indicating expected outperformance in the near future [6] Industry Context - The Mining - Gold industry is currently ranked in the top 7% of over 250 Zacks industries, suggesting a strong outlook for stocks within this sector [8] - Another company in the same industry, Barrick Mining, is expected to report quarterly earnings of $0.57 per share, reflecting a year-over-year increase of +83.9%, with revenues anticipated to be $4.22 billion, up 25.4% from the previous year [9][10]