Agnico Eagle's (AEM) Q4 Earnings & Sales Surpass Estimates

Agnico Eagle Mines Limited (AEM) reported adjusted earnings of 57 cents per share in fourth-quarter 2023, up from 38 cents in the year-ago quarter. The bottom line topped the Zacks Consensus Estimate of 48 cents.The company generated revenues of $1,756.6 million, up nearly 27% year over year. The top line surpassed the Zacks Consensus Estimate of $1,520.3 million. Operational HighlightsPayable gold production was 903,208 ounces in the reported quarter, up from 799,438 ounces in the prior-year quarter. The f ...