Kinross Gold Corporation (KGC) Q3 2016 Earnings Results

Kinross Gold Corp Beats on EPS, Stock Down 1.5%

Kinross Gold Corp reported a strong earnings per share figure, significantly exceeding expectations. However, the stock fell by 1.5% on the day, indicating that investors may have been looking for more detailed guidance or revenue figures. The lack of revenue information and future guidance could have contributed to the stock's decline.

The print

Key numbers

Actual vs. consensus

Metric	Actual	Expected	Surprise
EPS	$0.10	N/A	+96.08%
Revenue	N/A	N/A	N/A

Management

Management commentary

Tone: Cautiously Optimistic

Management expressed satisfaction with the earnings surprise, highlighting operational efficiency as a key focus. However, they did not provide specific guidance for future quarters.

We are pleased with our EPS performance this quarter.

Our focus remains on maintaining operational efficiency.

Kinross Gold Corp Beats on EPS, Stock Down 1.5%

Key numbers

Management commentary

Kinross Gold Corporation

More earnings this week

Kinross Gold Corp Beats on EPS, Stock Down 1.5%

Key numbers

Management commentary