Eldorado Gold Future Growth

Future criteria checks 4/6

Eldorado Gold is forecast to grow earnings and revenue by 43.1% and 12.1% per annum respectively. EPS is expected to grow by 43.3% per annum. Return on equity is forecast to be 11.2% in 3 years.

Key information

43.1%

Earnings growth rate

43.3%

EPS growth rate

Metals and Mining earnings growth	29.1%
Revenue growth rate	12.1%
Future return on equity	11.2%
Analyst coverage	Low
Last updated	23 Apr 2024

Recent future growth updates

Recent updates

Eldorado Gold Corporation (TSE:ELD) Looks Just Right With A 29% Price Jump

Apr 10

Eldorado Gold's (TSE:ELD) Returns On Capital Are Heading Higher

Mar 19

These 4 Measures Indicate That Eldorado Gold (TSE:ELD) Is Using Debt Reasonably Well

Feb 15

Earnings and Revenue Growth Forecasts

TSX:ELD - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	1,763	517	446	760	1
12/31/2025	1,337	250	-63	541	3
12/31/2024	1,229	188	-218	472	2
12/31/2023	1,009	109	-29	383	N/A
9/30/2023	951	56	-42	320	N/A
6/30/2023	923	34	-49	264	N/A
3/31/2023	907	10	-94	216	N/A
12/31/2022	872	24	-79	211	N/A
9/30/2022	870	-124	-61	228	N/A
6/30/2022	891	-87	2	281	N/A
3/31/2022	911	-33	42	305	N/A
12/31/2021	941	21	88	362	N/A
9/30/2021	975	84	114	371	N/A
6/30/2021	1,024	130	219	460	N/A
3/31/2021	1,047	148	297	510	N/A
12/31/2020	1,027	131	281	470	N/A
9/30/2020	940	192	219	412	N/A
6/30/2020	825	142	90	268	N/A
3/31/2020	742	105	27	220	N/A
12/31/2019	618	81	-53	166	N/A
9/30/2019	519	-229	-140	107	N/A
6/30/2019	428	-361	-198	58	N/A
3/31/2019	407	-398	-223	44	N/A
12/31/2018	459	-362	-201	68	N/A
9/30/2018	468	-165	-202	77	N/A
6/30/2018	482	-41	-259	68	N/A
3/31/2018	411	-5	-336	3	N/A
12/31/2017	391	-7	-318	28	N/A
9/30/2017	405	-9	N/A	62	N/A
6/30/2017	426	12	N/A	129	N/A
3/31/2017	450	10	N/A	154	N/A
12/31/2016	433	-5	N/A	114	N/A
9/30/2016	427	-1,171	N/A	107	N/A
6/30/2016	423	-1,285	N/A	99	N/A
3/31/2016	441	-1,504	N/A	156	N/A
12/31/2015	479	-1,518	N/A	223	N/A
9/30/2015	629	-316	N/A	240	N/A
6/30/2015	780	-198	N/A	280	N/A
3/31/2015	921	48	N/A	289	N/A
12/31/2014	1,068	103	N/A	283	N/A
9/30/2014	1,041	-599	N/A	272	N/A
6/30/2014	1,064	-582	N/A	300	N/A
3/31/2014	1,066	-577	N/A	259	N/A
12/31/2013	1,124	-653	N/A	356	N/A
9/30/2013	1,242	149	N/A	430	N/A
6/30/2013	1,237	189	N/A	442	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: ELD's forecast earnings growth (43.1% per year) is above the savings rate (2%).

Earnings vs Market: ELD's earnings (43.1% per year) are forecast to grow faster than the Canadian market (12.1% per year).

High Growth Earnings: ELD's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: ELD's revenue (12.1% per year) is forecast to grow faster than the Canadian market (6.6% per year).

High Growth Revenue: ELD's revenue (12.1% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: ELD's Return on Equity is forecast to be low in 3 years time (11.2%).

Discover growth companies

Price

Mkt cap

E.Growth

Analysts Target

Price

Mkt cap

E.Growth

Analysts Target

Price

Mkt cap

E.Growth

Analysts Target

Price

Mkt cap

E.Growth

Analysts Target

Eldorado Gold Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Consensus EPS estimates increase by 53%

Consensus EPS estimates increase by 28%

Eldorado Gold Corporation Provides Production Guidance for the Year 2024, 2025, 2026 and 2027

Eldorado Gold Corporation Revises Production Guidance for the Fiscal Year 2023

Eldorado Gold Corporation Provides Production Guidance for the Year 2023

Consensus EPS estimates fall by 12%

Recent updates

Consensus EPS estimates increase by 53%

Eldorado Gold Corporation (TSE:ELD) Looks Just Right With A 29% Price Jump

Eldorado Gold Corporation to Report Q1, 2024 Results on Apr 25, 2024

Consensus EPS estimates increase by 28%

Insider recently sold CA$262k worth of stock

Eldorado Gold's (TSE:ELD) Returns On Capital Are Heading Higher

President recently sold CA$2.8m worth of stock

President exercised options to buy CA$3.0m worth of stock.

Investor sentiment improves as stock rises 19%

Eldorado Gold Corporation, Annual General Meeting, Jun 04, 2024

Full year 2023 earnings: EPS exceeds analyst expectations

Eldorado Gold Corporation Provides Production Guidance for the Year 2024, 2025, 2026 and 2027

These 4 Measures Indicate That Eldorado Gold (TSE:ELD) Is Using Debt Reasonably Well

Eldorado Gold Corporation to Report Q4, 2023 Results on Feb 22, 2024

Eldorado Gold Corporation's (TSE:ELD) P/S Still Appears To Be Reasonable

Eldorado Gold Corporation Provides Exploration Update Highlighting Increased Confidence on Ormaque

Eldorado Gold Corporation Announces Executive Changes, Effective January 1, 2024

Eldorado Gold (TSE:ELD) Shareholders Will Want The ROCE Trajectory To Continue

Insider recently sold CA$614k worth of stock

Eldorado Gold Corporation Revises Production Guidance for the Fiscal Year 2023

Third quarter 2023 earnings released: US$0.034 loss per share (vs US$0.28 loss in 3Q 2022)

Eldorado Gold Corporation to Report Q3, 2023 Results on Oct 26, 2023

We Think Eldorado Gold (TSE:ELD) Is Taking Some Risk With Its Debt

Returns Are Gaining Momentum At Eldorado Gold (TSE:ELD)

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

Eldorado Gold Corporation Provides Production Guidance for the Year 2023

New major risk - Revenue and earnings growth

Eldorado Gold Corporation to Report Q2, 2023 Results on Jul 27, 2023

Eldorado Gold Corporation announced that it has received CAD 81.500003 million in funding from European Bank for Reconstruction and Development

President recently bought CA$325k worth of stock

New minor risk - Shareholder dilution

Eldorado Gold Corporation has completed a Follow-on Equity Offering in the amount of CAD 135.2 million.

Consensus EPS estimates fall by 12%

Eldorado Gold Corporation announced that it expects to receive CAD 81.500003 million in funding from European Bank for Reconstruction and Development

Vice President of Corporate Development exercised options and sold CA$109k worth of stock

Executive VP & COO recently sold CA$2.2m worth of stock

President exercised options to buy CA$3.4m worth of stock.

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Consensus EPS estimates increase by 20%

Eldorado Gold (TSE:ELD) Shareholders Will Want The ROCE Trajectory To Continue

Now 20% undervalued

Eldorado Gold (TSE:ELD) Has A Somewhat Strained Balance Sheet

Consensus EPS estimates fall by 50%

Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Eldorado Gold Corporation to Report Q4, 2022 Results on Feb 23, 2023

Insider recently sold CA$1.3m worth of stock

Eldorado Gold Releases Updated Mineral Reserve and Mineral Resource Statement

Returns On Capital Are Showing Encouraging Signs At Eldorado Gold (TSE:ELD)

Consensus forecasts updated

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

Consensus forecasts updated

Eldorado Gold Corporation to Report Q3, 2022 Results on Oct 27, 2022

Eldorado Gold Corporation Provides Exploration Update Highlighting Resource Expansion Upside at Lamaque, Efemcukuru, and Olympias

The Return Trends At Eldorado Gold (TSE:ELD) Look Promising

Consensus forecasts updated

We Think Eldorado Gold (TSE:ELD) Is Taking Some Risk With Its Debt

Second quarter 2022 earnings: EPS and revenues miss analyst expectations

Eldorado Gold Corporation to Report Q2, 2022 Results on Jul 28, 2022

Eldorado Gold Corporation Announces Director Changes

First quarter 2022 earnings: EPS and revenues miss analyst expectations

Eldorado Gold Corporation Reaffirms Production Guidance for the Year 2022

Is Eldorado Gold (TSE:ELD) A Risky Investment?

Eldorado Gold Corporation to Report Q1, 2022 Results on Apr 27, 2022

Consensus forecasts updated

Eldorado Gold Corporation Provides New Results from Exploration Programs at the Lamaque, Efemcukuru and Kassandra Operations

Executive VP & CFO recently sold CA$666k worth of stock

Insider recently sold CA$121k worth of stock

Eldorado Gold Corporation, Annual General Meeting, Jun 09, 2022

Full year 2021 earnings: EPS exceeds analyst expectations