AGNICO EAGLE MINES LTD. (AEM) Misses Q3 EPS by 12c, Offers Guidance
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AGNICO EAGLE MINES LTD. (NYSE: AEM) reported Q3 EPS of $0.02, $0.12 worse than the analyst estimate of $0.14. Revenue for the quarter came in at $463.4 million versus the consensus estimate of $465.7 million.
Upper end of 2014 guidance projected to be exceeded - Production for 2014 is expected to be approximately 1.4 million ounces with total cash costs on a by-product basis of $650 to $675 per ounce
Updated 2015 guidance - Production for 2015 is now expected to be approximately 1.6 million ounces as a result of expected increased production at Meadowbank, Kittila and the Mexican operations
For earnings history and earnings-related data on AGNICO EAGLE MINES LTD. (AEM) click here.
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