The earnings call reflects a mixture of strong production metrics and strategic growth initiatives, offset by operational challenges and increased costs. However, the company's financial performance showed improvement, and sustainability milestones were achieved. Shareholder returns through buybacks and dividends were highlighted, suggesting a balanced approach to capital allocation.

Company Guidance

During the Centerra Gold Second Quarter 2025 Conference Call, the company provided detailed guidance on its operations and financial metrics. Gold and copper production in the quarter exceeded 63,000 ounces and 12.4 million pounds, respectively. The company updated its 2025 gold production guidance for Mount Milligan to between 145,000 and 165,000 ounces and reaffirmed its copper production guidance of 50 million to 60 million pounds. All-in sustaining costs on a byproduct basis were adjusted to $1,350 to $1,450 per ounce, reflecting updated production guidance. The Goldfield Project is expected to have a 7-year mine life with an average annual production of around 100,000 ounces. The project has a competitive initial capital cost of $252 million and an after-tax NPV of $245 million with an after-tax IRR of 30%. Centerra's financial results for the quarter showed adjusted net earnings of $53 million or $0.26 per share, with consolidated all-in sustaining costs on a byproduct basis of $1,652 per ounce. The company reported a free cash flow deficit of $25 million for the quarter, despite an increase in cash flow from operations to $98 million. Centerra remains committed to its share buyback program, repurchasing 3.9 million shares for $27 million in the quarter, and declared a quarterly dividend of $0.07 per share. The company maintains a strong liquidity position with over $920 million, enabling it to fund its organic growth projects while continuing to return capital to shareholders.

Strong Production and Growth Initiatives

Gold and copper production in the quarter was over 63,000 ounces and 12.4 million pounds of copper. The company is making significant progress on studies supporting long-life copper-gold organic growth in British Columbia and advancing the Goldfield Project in Nevada.

Improved Financial Performance

Adjusted net earnings in the second quarter were $53 million or $0.26 per share, benefiting from strong metal prices. Cash flow from operations increased by 22% over the last quarter, generating a total of $98 million.

Sustainability Milestones Achieved

Centerra Gold published its 2024 sustainability report and achieved full compliance with the International Cyanide Management Code. The company also strengthened partnerships with indigenous-owned businesses, reaching 19% indigenous employee representation.

Shareholder Returns

The company increased share buybacks by 80% compared to the previous quarter, repurchasing 3.9 million shares for $27 million, and declared a quarterly dividend of $0.07 per share.

Centerra Gold (CGAU) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

CGAU Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 30, 2025	2025 (Q3)	0.21 / -	0.19	―	―	―
Aug 06, 2025	2025 (Q2)	0.25 / 0.25	0.23	8.70% (+0.02)
May 06, 2025	2025 (Q1)	0.12 / 0.13	0.14	-7.14% (-0.01)
Feb 20, 2025	2024 (Q4)	0.17 / 0.17	0.28	-39.29% (-0.11)
Oct 31, 2024	2024 (Q3)	0.20 / 0.19	0.2	-5.00% (-0.01)
Aug 01, 2024	2024 (Q2)	0.16 / 0.23	-0.2	215.00% (+0.43)
May 14, 2024	2024 (Q1)	0.13 / 0.14	-0.24	158.33% (+0.38)
Feb 22, 2024	2023 (Q4)	0.27 / 0.28	-0.06	566.67% (+0.34)
Oct 31, 2023	2023 (Q3)	0.15 / 0.20	-0.06	433.33% (+0.26)
Jul 31, 2023	2023 (Q2)	-0.14 / -0.20	-0.12	-66.67% (-0.08)

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

CGAU Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 06, 2025	$7.41	$7.49	+1.08%
May 06, 2025	$6.39	$7.38	+15.49%
Feb 20, 2025	$6.50	$6.04	-7.08%
Oct 31, 2024	$6.86	$6.32	-7.87%

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 Centerra Gold (CGAU) report earnings?

Centerra Gold (CGAU) is schdueled to report earning on Oct 30, 2025, Before Open (Confirmed).

What is Centerra Gold (CGAU) earnings time?

Centerra Gold (CGAU) earnings time is at Oct 30, 2025, Before Open (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 CGAU EPS forecast?

CGAU EPS forecast for the fiscal quarter 2025 (Q3) is 0.21.

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