Eldorado Gold Corp reports results for the quarter ended in March - Earnings Summary

• Eldorado Gold Corp ELD reported quarterly adjusted earnings of 27 cents​​ per share for the quarter ended in March, higher than the same quarter last year, when the company reported EPS of 11 cents. The mean expectation of nine analysts for the quarter was for earnings of 15 cents per share. Wall Street expected results to range from 9 cents to 21 cents per share.

• Revenue rose 12.5% to $257.97 million from a year ago; analysts expected $294.55 million.

• Eldorado Gold Corp's reported EPS for the quarter was 16 cents​.

• Eldorado Gold Corp shares had risen by 3.2% this quarter and gained 14.2% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 2% in the last three months.​

• In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 5 "strong buy" or "buy," 4 "hold" and 1 "sell" or "strong sell."

• The average consensus recommendation for the gold peer group is also "hold"

Wall Street's median 12-month price target for Eldorado Gold Corp is C$20.00

This summary was machine generated from LSEG data April 26 at 01:23 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)