Upgrade to SI Premium - Free Trial

AGNICO EAGLE MINES LTD. (AEM) Misses Q3 EPS by 12c, Offers Guidance

October 29, 2014 5:30 PM

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.

Categories

Earnings Guidance