Agnico Eagle Mines Limited reports results for the quarter ended September 30 - Earnings Summary

• Agnico Eagle Mines Limited AEM.TO reported quarterly adjusted earnings of $2.61​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of $2.16. The mean expectation of seventeen analysts for the quarter was for earnings of $2.62 per share. Wall Street expected results to range from $2.38 to $3.08 per share.

• Revenue rose 17.1% to $3.58 billion from a year ago; analysts expected $3.51 billion.

• Agnico Eagle Mines Limited's reported EPS for the quarter was $2.67​.

• The company reported quarterly net income of $1.35 billion.

• Agnico Eagle Mines Limited shares had fallen by 1.4% this quarter and gained 6.6% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 13% in the last three months.​

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

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 15 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell." The average consensus recommendation for the gold peer group is also "buy"

• Wall Street's median 12-month price target for Agnico Eagle Mines Limited is $222.87, about 17.8% above its last closing price of $183.11

This summary was machine generated from LSEG data October 28 at 11:05 p.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)