Alamos Gold Inc reports results for the quarter ended March 31 - Earnings Summary

• Alamos Gold Inc AGI.TO reported quarterly adjusted earnings of 14 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 13 cents. The mean expectation of seven analysts for the quarter was for earnings of 20 cents per share. Wall Street expected results to range from 17 cents to 22 cents per share.

• Revenue rose 20% to $333.00 million from a year ago; analysts expected $389.38 million.

• Alamos Gold Inc's reported EPS for the quarter was 4 cents​.

• Alamos Gold Inc shares had risen by 5.2% this quarter and gained 52.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 23.5% in the last three months.​

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

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," no "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 Alamos Gold Inc is $30.61

This summary was machine generated from LSEG data April 30 at 10:49 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)