Kinross Gold Corporation (KGC) Set to Announce Quarterly Earnings on Wednesday
Kinross Gold Corporation (NYSE:KGC) (TSE:K) will announce its earnings results after the market closes on Wednesday, November 8th. Analysts expect the company to announce earnings of $0.02 per share for the quarter.
Kinross Gold Corporation (NYSE:KGC) (TSE:K) last issued its quarterly earnings results on Wednesday, August 2nd. The mining company reported $0.04 earnings per share for the quarter, beating analysts’ consensus estimates of $0.02 by $0.02. Kinross Gold Corporation had a net margin of 1.54% and a return on equity of 3.63%. The firm had revenue of $868.60 million during the quarter, compared to the consensus estimate of $825.02 million. During the same period in the prior year, the firm earned ($0.01) EPS. The business’s revenue was down .9% on a year-over-year basis. On average, analysts expect Kinross Gold Corporation to post $0.11 EPS for the current fiscal year and $0.14 EPS for the next fiscal year.
Shares of Kinross Gold Corporation (NYSE:KGC) opened at 3.95 on Wednesday. Kinross Gold Corporation has a one year low of $2.88 and a one year high of $4.91. The company has a market capitalization of $4.93 billion, a P/E ratio of 94.05 and a beta of 0.12. The firm has a 50-day moving average of $4.29 and a 200-day moving average of $4.17.
About Kinross Gold Corporation
Kinross Gold Corporation is a gold mining company. The Company is engaged in gold mining and related activities, including exploration and acquisition of gold-bearing properties, the extraction and processing of gold-containing ore, and reclamation of gold mining properties. The Company’s segments include Fort Knox, Round Mountain, Bald Mountain, Kettle River-Buckhorn, Kupol, Paracatu, Maricunga, Tasiast and Chirano.
Receive News & Ratings for Kinross Gold Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kinross Gold Corporation and related companies with MarketBeat.com's FREE daily email newsletter.