Agnico Eagle's (AEM) Q1 Earnings and Sales Beat Estimates

Agnico Eagle Mines Limited (AEM) reported adjusted earnings of 76 cents per share in first-quarter 2024, up from 57 cents in the year-ago quarter. The bottom line topped the Zacks Consensus Estimate of 60 cents.The company generated revenues of $1,829.8 million, up nearly 21% year over year. The top line surpassed the Zacks Consensus Estimate of $1,622 million. Operational HighlightsPayable gold production was 878,652ounces in the reported quarter, up from 812,813 ounces in the prior-year quarter. The figur ...