Agnico-Eagle Mines Ltd. (AEM) Reports Q1 EPS of 61c
Get Alerts AEM Hot Sheet
Join SI Premium – FREE
Agnico-Eagle Mines Ltd. (NYSE: AEM) reported Q1 EPS of $0.61, $0.41 better than the analyst estimate of $0.20. Revenue for the quarter came in at $491.8 million versus the consensus estimate of $438.3 million.
Operating highlights include:
Record quarterly gold production - 366,421 ounces at total cash costs1 of $537 per ounce
- Record quarterly gold production at Meadowbank - 156,444 ounces at a total cash cost of $434 per ounce
- Declaration of commercial production at La India on February 1, 2014
- Ventilation and cooling system at LaRonde now fully operational - expected to have a positive impact on operating flexibility especially during the summer
- 2014 production expected to exceed the high end of guidance with costs expected to be better than the low end of the forecast range
For earnings history and earnings-related data on Agnico-Eagle Mines Ltd. (AEM) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- FreightCar America (RAIL) Misses Q4 EPS by 6c, provides guidance
- Zepp Health Corporation (ZEPP) Misses Q4 EPS by 134c
- Redburn-Atlantic Upgrades Cooper Companies (COO) to Buy
Create E-mail Alert Related Categories
EarningsRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!