Kinross Gold (KGC) Misses Q4 EPS by 2c

Kinross Gold (NYSE: KGC) reported Q4 EPS of $0.01, $0.02 worse than the analyst estimate of $0.03. Revenue for the quarter came in at $810.3 million versus the consensus estimate of $870.3 million.

2018 Outlook:

Kinross expects to produce 2.5 million Au eq. oz. (+/- 5%) at a production cost of sales per Au eq. oz. of $730 (+/- 5%). All-in sustaining cost is forecast to be $975 per ounce sold on both a gold equivalent and by-product basis (+/- 5%). Total capital expenditures are forecast to be approximately $1,075 million (+/- 5%), which includes sustaining capital of $355 million, and non-sustaining capital of approximately $680 million to advance development projects.

For earnings history and earnings-related data on Kinross Gold (KGC) click here.

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