Agnico Eagle Mines Ltd reports results for the quarter ended March 31 - Earnings Summary

• Agnico Eagle Mines Ltd AEM.TO reported quarterly adjusted earnings of $1.53​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 76 cents. The mean expectation of fourteen analysts for the quarter was for earnings of $1.36 per share. Wall Street expected results to range from $1.20 to $1.47 per share.

• Revenue rose 34.9% to $2.47 billion from a year ago; analysts expected $2.41 billion.

• Agnico Eagle Mines Ltd's reported EPS for the quarter was $1.62​.

• The company reported quarterly net income of $814.73 million.

• Agnico Eagle Mines Ltd shares had risen by 9.1% this quarter and gained 51.2% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 3.5% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 15 "strong buy" or "buy," 2 "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 Ltd is $128.79

This summary was machine generated from LSEG data April 24 at 10:32 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)