Agnico Eagle Mines (AEM) came out with quarterly earnings of $0.57 per share, beating the Zacks Consensus Estimate of $0.48 per share. This compares to earnings of $0.41 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 18.75%. A quarter ago, it was expected that this gold mining company would post earnings of $0.43 per share when it actually produced earnings of $0.44, delivering a surprise of 2.33%.Over the last four quarters, ...

(All amounts expressed in U.S. dollars unless otherwise noted) Stock Symbol:  AEM (NYSE and TSX) TORONTO, Feb. 15, 2024 /PRNewswire/ - Agnico Eagle Mines Limited (NYSE:AEM) (TSX:AEM) ("Agnico Eagle" or the "Company") today reported financial and operating results for the fourth quarter and full year of 2023, as well as future operating guidance. "We had a very strong close to 2023, with our fourth quarter results driving a record year in terms of safety, operating and financial performance. We achieved the ...

Investors are always looking for stocks that are poised to beat at earnings season and Agnico Eagle Mines Limited (AEM) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because Agnico Eagle is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pr ...

Two factors often determine stock prices in the long run: earnings and interest rates. Investors can't control the latter, but they can focus on a company's earnings results every quarter.Life and the stock market are both about expectations, and rising above what is expected is often rewarded, while falling short can come with negative consequences. Investors might want to try to capture stronger returns by finding positive earnings surprises.Hunting for 'earnings whispers' or companies poised to beat thei ...

andresr/E+ via Getty Images Agnico Eagle Mines Ltd. (NYSE:AEM) remains a favorite of gold bugs and gold hedgers, holding a unique combination of bullish logic. The valuation is fair, while its underlying mining properties and resources are some of the best in the industry. A significant "margin of safety" for investors is supported by lower-cost operations from locations mostly in Canada. In addition, the balance sheet and management team are quite strong. My view is if you want exposure to rising gold pric ...

The mining industry is housed within the broader Zacks Basic Materials sector. The Q4 earnings picture for this sector looks glum. Basic Materials is among the Zacks sectors that are expected to see the biggest decline in earnings in the fourth quarter. Overall earnings for the space are projected to fall 25.7% on 7.7% lower revenues, per the latest Earnings Trends report.Mining companies’ fourth-quarter results are expected to reflect the benefits of higher prices and efforts to boost operating efficiency ...

Gold prices ended 2023 on a solid note. However, the commodity is currently facing headwinds from a strengthening U.S. dollar. The recent slew of U.S. economic data and remarks from the Federal Reserve officials have quelled expectations of interest rate cuts. The recent dip in gold prices, combined with inflated production costs, cloud the near-term outlook for the Zacks Mining - Gold industry.Amid this uncertainty, Agnico Eagle Mines (AEM) , Eldorado Gold (EGO) , Equinox Gold (EQX) and Kinross Gold (KGC) ...

Pgiam/iStock via Getty Images With the calendar recently flipping to February, the U.S. economy seems to still be on firm footing as very strong jobs numbers were recently released. This comes despite the fact that two major recession indicators are flashing red. As a result, the chances of a Federal Reserve rate hike happening in Q1 and potentially even in H1 are falling. What this means is that interest rate sensitive investments have reacted quite strongly, with several of them falling in response. I ...

Inherently, the idea of gold stocks generates controversy in some circles because of its relevance – or lack thereof. Often labeled as a “barbarous relic,” the yellow metal is exactly that, a commodity. It has no distinction from other variants of the same element. And it neither produces no earnings nor pays dividends. Some might say it’s useless until something goes wrong.If CNN is any barometer, then we’re skating on some thin geopolitical ice. As a recent article pointed out in its headline, “[t]he worl ...

MicroStockHub/iStock via Getty Images MoneyShow’s top contributing analysts, strategists, and newsletter editors share their investment recommendations for the year ahead. Academy Sports and Outdoors By Berna Barshay, Editor of Consumer/Culture/Commerce by HedgeFundGirl Academy Sports and Outdoors (ASO) is a sporting goods retailer that sells a wide variety of athletic apparel and footwear for both individuals and team sports, sports equipment, as well as a broad array of products that support the outdo ...