The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Kinross Gold's revenues will increase 21.4% and EPS will grow 29.4%.
The average estimate for revenue is $1.15 billion. On the bottom line, the average EPS estimate is $0.22.
Last quarter, Kinross Gold chalked up revenue of $1.11 billion. GAAP reported sales were 6.6% higher than the prior-year quarter's $1.04 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.22. GAAP EPS of $0.20 for Q3 were 11% higher than the prior-year quarter's $0.18 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 58.9%, 200 basis points worse than the prior-year quarter. Operating margin was 30.5%, 860 basis points worse than the prior-year quarter. Net margin was 20.3%, 10 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $4.34 billion. The average EPS estimate is $0.74.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 1,370 members out of 1,430 rating the stock outperform, and 60 members rating it underperform. Among 210 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 194 give Kinross Gold a green thumbs-up, and 16 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Kinross Gold is outperform, with an average price target of $11.88.
Worried about inflation? Interested in gold? Find out the best way to profit in both scenarios a little-known company we profile in, "The Tiny Gold Stock Digging Up Massive Profits." Click here for instant access to this free report.
- Add Kinross Gold to My Watchlist.
Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. TMFDisclosureHere