Brokerages expect Eldorado Gold Corp (NYSE:EGO) (TSE:ELD) to report $0.22 earnings per share (EPS) for the current quarter, according to Zacks. Zero analysts have provided estimates for Eldorado Gold’s earnings. The lowest EPS estimate is $0.21 and the highest is $0.22. Eldorado Gold posted earnings of ($0.01) per share during the same quarter last year, which suggests a positive year-over-year growth rate of 2,300%. The business is expected to issue its next earnings report on Thursday, August 6th.
According to Zacks, analysts expect that Eldorado Gold will report full-year earnings of $0.82 per share for the current fiscal year, with EPS estimates ranging from $0.68 to $0.93. For the next fiscal year, analysts expect that the firm will post earnings of $0.75 per share, with EPS estimates ranging from $0.54 to $0.96. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of research analysts that follow Eldorado Gold.
Eldorado Gold (NYSE:EGO) (TSE:ELD) last announced its quarterly earnings results on Thursday, April 30th. The basic materials company reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.04). The firm had revenue of $204.66 million for the quarter. Eldorado Gold had a return on equity of 1.15% and a net margin of 13.83%.
Shares of NYSE:EGO traded down $0.04 during midday trading on Friday, reaching $9.00. 1,843,177 shares of the company were exchanged, compared to its average volume of 2,980,147. Eldorado Gold has a fifty-two week low of $3.05 and a fifty-two week high of $11.29. The company has a quick ratio of 1.25, a current ratio of 1.71 and a debt-to-equity ratio of 0.12. The stock has a fifty day simple moving average of $8.62 and a two-hundred day simple moving average of $7.85. The firm has a market cap of $1.51 billion, a PE ratio of 36.16, a P/E/G ratio of 2.22 and a beta of 1.79.
Several institutional investors have recently added to or reduced their stakes in EGO. Advisor Group Holdings Inc. acquired a new position in shares of Eldorado Gold during the 1st quarter worth about $39,000. DekaBank Deutsche Girozentrale bought a new stake in shares of Eldorado Gold during the 4th quarter worth about $44,000. Banque Cantonale Vaudoise bought a new stake in shares of Eldorado Gold during the 1st quarter worth about $54,000. Macquarie Group Ltd. bought a new stake in shares of Eldorado Gold during the 4th quarter worth about $67,000. Finally, Tudor Investment Corp Et Al bought a new stake in shares of Eldorado Gold during the 1st quarter worth about $85,000. Institutional investors own 52.28% of the company’s stock.
About Eldorado Gold
Eldorado Gold Corporation, together with its subsidiaries, engages in the exploration, development, and mining of gold properties in Turkey, Greece, Brazil, Serbia, Canada, and Romania. The company holds 100% interests in the Kisladag and Efemcukuru gold mines in Turkey; Lamaque gold project in Canada; Perama Hill gold-silver project and Sapes in Greece; and Vila Nova iron ore mine and 100% interest in Tocantinzinho gold project in Brazil.
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