Kinross Gold Corporation (USA) (KGC) EPS Estimated At $0.01

July 18, 2017 - By Marie Mckinney

 Kinross Gold Corporation (USA) (KGC) EPS Estimated At $0.01

Wall Street await Kinross Gold Corporation (USA) (NYSE:KGC) to release earnings on July, 26. Analysts forecast earnings per share of $0.01, up exactly $0.02 or 200.00 % from 2014’s $-0.01 EPS. The expected KGC’s profit could reach $12.78M giving the stock 99.75 P/E in the case that $0.01 earnings per share is reported. After posting $0.02 EPS for the previous quarter, Kinross Gold Corporation (USA)’s analysts now forecast -50.00 % negative EPS growth. The stock increased 2.31% or $0.09 during the last trading session, reaching $3.99. About 5.32 million shares traded. Kinross Gold Corporation (USA) (NYSE:KGC) has declined 13.79% since July 18, 2016 and is downtrending. It has underperformed by 30.49% the S&P500.

Kinross Gold Corporation (USA) (NYSE:KGC) Ratings Coverage

Among 17 analysts covering Kinross Gold Corporation (NYSE:KGC), 7 have Buy rating, 1 Sell and 9 Hold. Therefore 41% are positive. Kinross Gold Corporation had 45 analyst reports since July 24, 2015 according to SRatingsIntel. BMO Capital Markets upgraded the shares of KGC in report on Monday, February 8 to “Outperform” rating. The stock of Kinross Gold Corporation (USA) (NYSE:KGC) earned “Neutral” rating by Bank of America on Tuesday, November 22. Jefferies upgraded the shares of KGC in report on Thursday, July 14 to “Hold” rating. The firm earned “Underperform” rating on Monday, August 24 by RBC Capital Markets. Bank of America upgraded Kinross Gold Corporation (USA) (NYSE:KGC) on Friday, March 11 to “Buy” rating. The firm earned “Outperform” rating on Monday, April 11 by RBC Capital Markets. The rating was upgraded by TD Securities on Thursday, May 11 to “Action List Buy”. The rating was downgraded by Robert W. Baird on Monday, August 24 to “Sector Perform”. The stock of Kinross Gold Corporation (USA) (NYSE:KGC) earned “Sell” rating by Citigroup on Monday, December 5. The firm earned “Underperform” rating on Tuesday, March 15 by Macquarie Research.

Kinross Gold Corporation is a gold mining company. The company has market cap of $5.10 billion. The Firm is engaged in gold mining and related activities, including exploration and acquisition of gold-bearing properties, the extraction and processing of gold-containing ore, and reclamation of gold mining properties. It currently has negative earnings. The Company’s divisions include Fort Knox, Round Mountain, Bald Mountain, Kettle River-Buckhorn, Kupol, Paracatu, Maricunga, Tasiast and Chirano.

More notable recent Kinross Gold Corporation (USA) (NYSE:KGC) news were published by: Fool.ca which released: “Time to Buy Kinross Gold Corporation?” on May 29, 2017, also Fool.ca with their article: “Is it Kinross Gold Corporation’s Time to Shine?” published on May 19, 2017, Fool.ca published: “Should Kinross Gold Corporation or Barrick Gold Corp. Be in Your Portfolio?” on July 17, 2017. More interesting news about Kinross Gold Corporation (USA) (NYSE:KGC) were released by: Fool.ca and their article: “Kinross Gold Corporation: Should This Be Your Top Gold Pick?” published on June 22, 2017 as well as Fool.ca‘s news article titled: “Kinross Gold Corporation: Is it Finally Time to Buy This Beleaguered Stock?” with publication date: February 07, 2017.

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