Key Highlights:
- Agnico Eagle Mines (AEM, Financial) projects a substantial 81.6% increase in EPS for Q1.
- Analysts predict a revenue rise of 33.3% to $2.44 billion.
- Current analyst consensus rates AEM as "Outperform."
Upcoming Earnings Report for Agnico Eagle Mines
Agnico Eagle Mines Limited (AEM) is set to announce its first-quarter earnings on April 24th, following the market's close. Analysts are forecasting an impressive earnings per share (EPS) of $1.38, marking a notable 81.6% surge from the previous year. Revenue is also expected to climb, with estimates pointing to a 33.3% increase, reaching $2.44 billion. Historically, Agnico Eagle has outperformed expectations, surpassing earnings projections 88% of the time and revenue forecasts 63% of the time, making this upcoming release particularly anticipated by investors.
Wall Street Analysts' Insights
Analysts have set a one-year average price target of $129.35 for Agnico Eagle Mines Ltd (AEM, Financial), with predictions ranging from a high of $181.00 to a low of $97.00. This average target represents a potential upside of 9.39% from the current share price of $118.24. For more detailed information on these forecasts, refer to the Agnico Eagle Mines Ltd (AEM) Forecast page.
Seventeen brokerage firms collectively rate Agnico Eagle Mines Ltd (AEM, Financial) with an average recommendation of 1.9, aligning with an "Outperform" status. This recommendation is based on a scale from 1 to 5, where 1 indicates a Strong Buy, and 5 suggests a Sell.
GuruFocus's Evaluation
According to GuruFocus's estimates, the GF Value for Agnico Eagle Mines Ltd (AEM, Financial) is projected to be $74.35 over the next year. This indicates a potential downside of 37.12% from the current price of $118.24. The GF Value represents GuruFocus's calculation of the stock's fair value, based on historical trading multiples and analyses of past and future business growth. More comprehensive data and evaluations are available on the Agnico Eagle Mines Ltd (AEM) Summary page.
