Alamos Gold Inc reports results for the quarter ended June 30 - Earnings Summary

• Alamos Gold Inc AGI.TO reported quarterly adjusted earnings of 34 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 24 cents. The mean expectation of eight analysts for the quarter was for earnings of 32 cents per share. Wall Street expected results to range from 29 cents to 37 cents per share.

• Revenue rose 31.7% to $438.20 million from a year ago; analysts expected $452.73 million.

• Alamos Gold Inc's reported EPS for the quarter was 38 cents​.

• Alamos Gold Inc shares had fallen by 3.3% this quarter and gained 39.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 4% in the last three months.​

• In the last 30 days, there have been no negative revisions of 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 $34.49, about 26.4% above its last closing price of $25.37

This summary was machine generated from LSEG data July 30 at 10:54 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)