Eldorado Gold Future Growth

Future criteria checks 4/6

Eldorado Gold is forecast to grow earnings and revenue by 37.2% and 12.8% per annum respectively. EPS is expected to grow by 38.2% per annum. Return on equity is forecast to be 9.1% in 3 years.

Key information

37.2%

Earnings growth rate

38.2%

EPS growth rate

Metals and Mining earnings growth	16.1%
Revenue growth rate	12.8%
Future return on equity	9.1%
Analyst coverage	Low
Last updated	26 Apr 2024

Recent future growth updates

Recent updates

Eldorado Gold Non-GAAP EPS of $0.14 beats by $0.08, revenue of $246.2M beats by $2.67M

Feb 23

Eldorado Gold: Too Far Too Fast

Jan 27

Eldorado Gold prelim 2022 production falls below bottom end of forecast

Jan 16

Eldorado Gold: A Much Better Year Ahead

Dec 11

Eldorado Gold GAAP EPS of -$0.04 misses by $0.07, revenue of $217.71M misses by $10.58M

Oct 27

Eldorado Gold: Weakening Gold Price Is Not Helping

Oct 20

Eldorado Gold: Don't Miss The Forest For The Trees

Aug 18

Eldorado Gold Non-GAAP EPS of $0.08 misses by $0.03, revenue of $213.4M misses by $30.54M

Jul 28

Eldorado Gold: A Solid Q2 Performance

Jul 14

Eldorado Gold: The Stock Is Now Attractive

May 18

Eldorado Gold: A Tough Start To FY2022

Apr 14

Eldorado Gold: A Bright Future With Skouries In The Wings

Mar 14

Eldorado Gold: Fourth Quarter 2021 Results Analysis

Mar 01

Eldorado Gold: A Beat And Raise For This Mid-Tier Producer

Jan 24

Earnings and Revenue Growth Forecasts

NYSE:EGO - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	1,717	399	477	759	2
12/31/2025	1,350	247	-119	542	4
12/31/2024	1,245	208	-187	518	3
3/31/2024	1,039	125	-33	437	N/A
12/31/2023	1,009	109	-29	383	N/A
9/30/2023	949	129	-41	321	N/A
6/30/2023	922	107	-49	265	N/A
3/31/2023	905	83	-93	217	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	N/A	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: EGO's forecast earnings growth (37.2% per year) is above the savings rate (2.3%).

Earnings vs Market: EGO's earnings (37.2% per year) are forecast to grow faster than the US market (14.8% per year).

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

Revenue vs Market: EGO's revenue (12.8% per year) is forecast to grow faster than the US market (8.2% per year).

High Growth Revenue: EGO's revenue (12.8% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: EGO's Return on Equity is forecast to be low in 3 years time (9.1%).

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Eldorado Gold Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Eldorado Gold Corporation Maintains Production Guidance for the 2024

Price target increased by 7.7% to US$14.58

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

Price target increased by 12% to US$13.50

Eldorado Gold Corporation Revises Production Guidance for the Fiscal Year 2023

Eldorado Gold Corporation Provides Production Guidance for the Year 2023

Recent updates

Eldorado Gold Corporation Maintains Production Guidance for the 2024

First quarter 2024 earnings released: EPS: US$0.17 (vs US$0.10 in 1Q 2023)

Price target increased by 7.7% to US$14.58

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

President recently sold US$2.1m worth of stock

Investor sentiment improves as stock rises 20%

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

Eldorado Gold: Better Entries Ahead Of Strong Upside Potential

Price target increased by 12% to US$13.50

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

Eldorado Gold Corporation Releases Updated Mineral Reserve and Mineral Resource Statement

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

Eldorado Gold: Massive Growth Potential

Eldorado Gold Q3 Earnings: A Solid Quarter Overall

Insider recently sold US$449k worth of stock

Eldorado Gold: Margins Up Sharply, But Annual Output Below Plan

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: Strong Q4 Needed To Meet Guidance Midpoint

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

Eldorado Gold: A Softer Q2 Than Expected

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

Eldorado Gold Corporation Provides Production Guidance for the Year 2023

Eldorado Gold: A Stronger H2 On Deck

New major risk - Revenue and earnings growth

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 US$243k 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.

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

Executive VP & COO recently sold US$1.6m worth of stock

Price target increased by 7.0% to US$11.40

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Price target increased by 7.8% to US$10.98

Now 21% undervalued

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

Eldorado Gold Non-GAAP EPS of $0.14 beats by $0.08, revenue of $246.2M beats by $2.67M

Eldorado Gold: Too Far Too Fast

Price target increased by 9.9% to US$10.00

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

Eldorado Gold prelim 2022 production falls below bottom end of forecast

Price target increased to US$9.40

Insider recently sold US$918k worth of stock

Eldorado Gold: A Much Better Year Ahead

Eldorado Gold Releases Updated Mineral Reserve and Mineral Resource Statement

Price target decreased to US$8.55

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

Eldorado Gold GAAP EPS of -$0.04 misses by $0.07, revenue of $217.71M misses by $10.58M

Price target decreased to US$8.95

Eldorado Gold: Weakening Gold Price Is Not Helping

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

Eldorado Gold: Don't Miss The Forest For The Trees

Second quarter 2022 earnings: EPS and revenues miss analyst expectations

Eldorado Gold Non-GAAP EPS of $0.08 misses by $0.03, revenue of $213.4M misses by $30.54M

Price target decreased to US$10.90

Price target decreased to US$11.60

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

Eldorado Gold: A Solid Q2 Performance

Eldorado Gold Corporation Announces Director Changes

Eldorado Gold: The Stock Is Now Attractive

First quarter 2022 earnings: EPS and revenues miss analyst expectations

Eldorado Gold: A Tough Start To FY2022

Eldorado Gold Corporation Reaffirms Production Guidance for the Year 2022

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