Eldorado Gold Corp reports results for the quarter ended March 31 - Earnings Summary

• Eldorado Gold Corp ELD.TO reported quarterly adjusted earnings of 28 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 27 cents. The mean expectation of eight analysts for the quarter was for earnings of 30 cents per share. Wall Street expected results to range from 26 cents to 34 cents per share.

• Revenue rose 37.7% to $355.25 million from a year ago; analysts expected $338.42 million.

• Eldorado Gold Corp's reported EPS for the quarter was 35 cents​.

• Eldorado Gold Corp shares had risen by 12.0% this quarter and gained 26.7% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 15.1% 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 "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," 4 "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 Eldorado Gold Corp is C$29.60

This summary was machine generated from LSEG data May 2 at 04:20 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)