Eldorado Gold Corp. Q1 Profit Increases, But Misses Estimates

From Nasdaq: 2025-05-01 21:38:00

Eldorado Gold Corp. (ELD.TO) reported first quarter earnings of $72.4 million, or $0.35 per share, up from $33.6 million, or $0.16 per share, last year. However, the results missed Street estimates. Excluding items, adjusted earnings were $56.4 million or $0.28 per share. Revenue for the period increased 37.7% to $355.2 million from $258.0 million last year. The company also announced an amendment to its Normal Course Issuer Bid, increasing the maximum number of common shares that may be repurchased to about 10.25 million shares, representing 5% of total outstanding shares as of October 31, 2024.



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