Goldcorp, Inc. (GG) Tops Q1 EPS by 12c; Affirms Outlook

May 1, 2014 8:20 AM EDT

Goldcorp, Inc. (NYSE: GG) reported Q1 EPS of $0.26, $0.12 better than the analyst estimate of $0.14. Revenue for the quarter came in at $1.23 million versus the consensus estimate of $963.45 million.

Highlights:

  • Gold sales totaled 684,000 ounces on gold production1 of 679,900 ounces.
  • All-in sustaining costs decreased 26% versus the prior year to $8401,4 per ounce.
  • Adjusted operating cash flow totaled $281 million, or $0.35 per share.
  • Dividends paid totaled $122 million.
  • Sale of Primero interest for $201 million completed on March 26, 2014.
  • Sale of Marigold mine completed on April 4, 2014.

Goldcorp reaffirmed FY2014 guidance.

For earnings history and earnings-related data on Goldcorp, Inc. (GG) click here.



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