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Agnico Eagle Mines (NYSE:AEM) releases its next round of earnings Wednesday. Get the latest predictions in Benzinga's essential guide to the company's Q4 earnings report.
Earnings and Revenue
Agnico Eagle Mines EPS is expected to be around 20 cents per share, according to sell-side analysts. Sales will likely be near $567.73 million.
In the same quarter last year, Agnico Eagle Mines reported earnings per share of 2 cents per share on sales of $499.21 million. If the company were to match the consensus estimate when it reports Wednesday, EPS would be up 900 percent. Sales would be up 13.73 percent from the year-ago period.
In comparison to analyst estimates in the past, here's how the company's reported EPS stacks up:
| Quarter | Q3 2017 | Q2 2017 | Q1 2017 | Q4 2016 |
| EPS Estimate | 0.15 | 0.14 | 0.1 | 0.1 |
| EPS Actual | 0.29 | 0.24 | 0.28 | 0.02 |
Q4 EPS Estimate: 20 cents per share
Q4 Revenues Estimate: $567 million
Stock Performance
Over the last 52-week period, shares are down 13.34 percent. Given that these returns are generally negative, long-term shareholders are probably upset going into this earnings release.
Analyst estimates are adjusted higher for EPS and revenues over the past 90 days. Analysts generally rate Agnico Eagle Mines stock as Neutral. The strength of this rating has maintained conviction over the past three months.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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