Will KGC's Q1 2025 earnings beat forecasts like past quarters?
4/7/2025 08:24pm
**Kinross Gold's (KGC) Q1 2025 earnings are unlikely to beat forecasts**, based on several factors:
1. **Recent Performance**: KGC's latest report period ended on December 31, 2024, with a net income of $0.04 per share. This is below the consensus estimate of $0.23 per share.
2. **Analyst Expectations**: For Q1 2025, no results were found for specific earnings forecasts. However, the consensus for full-year FY2025 earnings is $0.81 per share. This suggests that analysts do not expect a significant beat in Q1 earnings.
3. **Recent Ratings**: Stifel Canada, which has been bullish on KGC, has not provided specific Q1 2025 earnings estimates. Instead, they have offered forecasts for FY2025, FY2026, and FY2028. The lack of a Q1 2025 estimate in this report series suggests that the analysts do not expect a strong beat in Q1 earnings.
4. **Market Conditions**: Gold prices have been at record highs, which is generally positive for gold mining companies like KGC. However, the company's recent performance and analyst expectations do not indicate a strong likelihood of a beat in Q1 2025 earnings.
In conclusion, while favorable market conditions could potentially boost KGC's earnings, the recent performance, analyst expectations, and lack of specific Q1 2025 forecasts suggest that KGC's Q1 2025 earnings are unlikely to beat forecasts.