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Earnings Data
Report Date
Jul 30, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.98Last Year’s EPS
0.61Same Quarter Last Year
Based on 10 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveys cautious optimism: strong revenue and adjusted earnings driven by higher gold prices, healthy liquidity, advancing high-impact growth projects (Skouries at ~94% completion and McIlvenna Bay integration underway), and increased shareholder returns and exploration investment are clear positives. Offsetting these are a 13% drop in Q1 production, materially higher royalties and unit costs, a meaningful $155 million uplift to Skouries capital driven by extra construction workforce and materials/FX impacts, and timing/commissioning risks (notably power connection) that could affect Q3 startup timing. Overall, management presents confidence in execution and long-term value creation but acknowledges near-term cost and timing risks.Company Guidance
Strong Revenue Driven by Higher Gold Prices
Total revenue of $532 million in Q1 2026, up ~50% year-over-year from $355 million, driven by an average realized gold price of $4,891/oz.
Significant Earnings Improvement
Net earnings attributable to shareholders from continuing operations of $136 million ($0.69/share) versus $72 million ($0.35/share) a year ago (+89%). Adjusted net earnings were $188 million ($0.95/share) versus $56 million a year ago (+236%).
Solid Balance Sheet and Liquidity
Cash and cash equivalents of approximately $630 million at quarter end, providing flexibility to fund growth projects and capital allocation priorities.
Near-Term Growth Projects Progressing (Skouries & McIlvenna Bay)
Skouries ~94% complete with first concentrate expected in Q3; total project capital revised to $1.315 billion (increase of ~$155 million). McIlvenna Bay integration underway and nearing first concentrate production; $17 million of exploration approved for the remainder of 2026 and the company will provide production/cost outlook for MacBay in Q2.
Operational Outperformance at Lamaque and Olympias
Lamaque produced 42,306 oz in Q1 (+5% year-over-year) and received the TSM Gold Leadership Award (Level AAA). Olympias produced 14,319 payable oz (+21% year-over-year) with revenue rising to $88 million from $46 million (+91%), driven by higher gold and base-metal grades and recoveries.
Capital Allocation Actions and Shareholder Returns Initiated
Initiated a sustainable base dividend policy of $0.075 per share per quarter and repurchased over $80 million of shares in Q1, while maintaining a capital allocation framework prioritizing growth, exploration, balance sheet strength, dividends, and opportunistic buybacks.
Increased Exploration Investment
Exploration investment increased, including an incremental $17 million for the remainder of 2026 at McIlvenna Bay (on top of Foran’s ~$4 million plan) to target expansion and district-scale potential—reflecting focus on mine life extension and new discoveries.
TSE:ELD Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TSE:ELD Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 30, 2026 | C$41.88 | C$40.44 | -3.43% |
Feb 19, 2026 | C$64.94 | C$58.61 | -9.74% |
Oct 30, 2025 | C$35.58 | C$35.81 | +0.64% |
Jul 31, 2025 | C$28.28 | C$28.89 | +2.15% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Eldorado Gold (TSE:ELD) report earnings?
Eldorado Gold (TSE:ELD) is schdueled to report earning on Jul 30, 2026, After Close (Confirmed).
What is Eldorado Gold (TSE:ELD) earnings time?
Eldorado Gold (TSE:ELD) earnings time is at Jul 30, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:ELD EPS forecast?
TSE:ELD EPS forecast for the fiscal quarter 2026 (Q2) is 0.98.