Lundin Gold Inc reports results for the quarter ended December 31 - Earnings Summary

• Lundin Gold Inc LUG.TO reported quarterly adjusted earnings of 54 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 14 cents. The mean expectation of eleven analysts for the quarter was for earnings of 50 cents per share. Wall Street expected results to range from 44 cents to 55 cents per share.

• Revenue rose 79.2% to $341.79 million from a year ago; analysts expected $332.89 million.

• Lundin Gold Inc's reported EPS for the quarter was 54 cents​.

• The company reported quarterly net income of $129.15 million.

• Lundin Gold Inc shares had risen by 25.1% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 3.3% in the last three months.​

• In the last 30 days, three 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," 8 "hold" and no "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 Lundin Gold Inc is C$38.00

This summary was machine generated from LSEG data February 21 at 05:24 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)