Kinross Gold Past Earnings Performance

Past criteria checks 5/6

Kinross Gold's earnings have been declining at an average annual rate of -11.7%, while the Metals and Mining industry saw earnings growing at 23.1% annually. Revenues have been growing at an average rate of 2% per year. Kinross Gold's return on equity is 6.7%, and it has net margins of 9.8%.

Key information

-11.7%

Earnings growth rate

-11.6%

EPS growth rate

Metals and Mining Industry Growth	26.4%
Revenue growth rate	2.0%
Return on equity	6.7%
Net Margin	9.8%
Next Earnings Update	07 May 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown
Beta

How Kinross Gold makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NYSE:KGC Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses
31 Dec 23	4,240	416	294
30 Sep 23	4,200	245	281
30 Jun 23	3,954	201	287
31 Mar 23	3,684	40	276
31 Dec 22	3,455	31	271
30 Sep 22	2,994	71	260
30 Jun 22	2,720	-67	228
31 Mar 22	2,606	-26	207
31 Dec 21	2,600	-28	203
30 Sep 21	3,180	821	216
30 Jun 21	3,729	1,134	215
31 Mar 21	4,028	1,299	208
31 Dec 20	4,213	1,342	210
30 Sep 20	4,015	1,081	217
30 Jun 20	3,760	901	232
31 Mar 20	3,591	777	247
31 Dec 19	3,497	719	249
30 Sep 19	3,288	169	241
30 Jun 19	3,164	4	243
31 Mar 19	3,102	-65	239
31 Dec 18	3,213	-24	242
30 Sep 18	3,236	222	245
30 Jun 18	3,311	386	236
31 Mar 18	3,404	417	239
31 Dec 17	3,303	445	239
30 Sep 17	3,396	111	230
30 Jun 17	3,478	54	242
31 Mar 17	3,486	-4	239
31 Dec 16	3,472	-104	238
30 Sep 16	3,275	-829	256
30 Jun 16	3,175	-885	261
31 Mar 16	3,053	-943	281
31 Dec 15	3,052	-984	287
30 Sep 15	3,137	-1,616	288
30 Jun 15	3,274	-1,568	279
31 Mar 15	3,430	-1,438	280
31 Dec 14	3,466	-1,400	284
30 Sep 14	3,552	-666	286
30 Jun 14	3,483	-615	301
31 Mar 14	3,539	-3,143	312
31 Dec 13	3,780	-3,013	324
30 Sep 13	4,089	-5,257	303
30 Jun 13	4,323	-5,078	347

Quality Earnings: KGC has high quality earnings.

Growing Profit Margin: KGC's current net profit margins (9.8%) are higher than last year (0.9%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: KGC has become profitable over the past 5 years, growing earnings by -11.7% per year.

Accelerating Growth: KGC's earnings growth over the past year (1238.6%) exceeds its 5-year average (-11.7% per year).

Earnings vs Industry: KGC earnings growth over the past year (1238.6%) exceeded the Metals and Mining industry -35.7%.

Return on Equity

High ROE: KGC's Return on Equity (6.7%) is considered low.

Return on Assets

Return on Capital Employed

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Kinross Gold Past Earnings Performance

Past criteria checks 5/6

Key information

Recent past performance updates

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Kinross Gold Corporation to Report Q1, 2024 Results on May 07, 2024

Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

First quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Full year 2022 earnings: EPS misses analyst expectations

Recent updates

Price target increased by 7.8% to US$7.05

New major risk - Revenue and earnings growth

Now 20% overvalued

Upcoming dividend of US$0.03 per share

Kinross Gold: Best Leverage To Gold Among Seniors

Fourth quarter dividend of US$0.03 announced

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Kinross Gold Corporation Declares Quarterly Dividend for the Fourth Quarter of 2023, Payable on March 21, 2024

Now 21% undervalued after recent price drop

Kinross Gold Corporation to Report Q1, 2024 Results on May 07, 2024

Kinross Gold Is Outperforming: But Is The Stock A Buy?

Upcoming dividend of US$0.03 per share at 2.2% yield

New major risk - Revenue and earnings growth

Kinross Gold Corporation Provides Production Guidance for the Year 2023, 2024 and 2025

Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Kinross Gold Corporation Declares Quarterly Dividend, Payable on December 14, 2023

New major risk - Revenue and earnings growth

Upcoming dividend of US$0.03 per share at 2.5% yield

New major risk - Revenue and earnings growth

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Kinross Gold Corporation Reaffirms Production Guidance for the Year 2023, 2024 and 2025

Executive VP & COO recently sold US$111k worth of stock

Insufficient new directors

Upcoming dividend of US$0.03 per share at 2.4% yield

Kinross Gold Corporation Elects Michael A. Lewis as Director

First quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Kinross Gold Corporation Provides Production Guidance for the Year 2023, 2024 and 2025

Price target increased by 7.8% to US$5.33

Price target increased by 7.7% to US$5.22

Executive VP & COO recently sold US$150k worth of stock

Price target decreased by 8.8% to US$4.85

Upcoming dividend of US$0.03 per share at 3.3% yield

Senior VP recently sold US$333k worth of stock

Full year 2022 earnings: EPS misses analyst expectations

Kinross Gold Corporation Provides Production Guidance for the Year 2023, 2024 and 2025

Kinross Gold Corporation Declares Dividend for the Fourth Quarter of 2022, Payable on March 23, 2023

Kinross Gold declares $0.03 dividend

Kinross Gold Corporation Announces Robust Initial Mineral Resource of 2.7 Moz. Indicated and 2.3 Moz. Inferred for Great Bear Project

Triple Flag Precious Metals Corp. (TSX:TFPM) completed the acquisition of Maverix Metals Inc. (TSX:MMX) from Newmont Corporation (NYSE:NEM), Pan American Silver Corp. (TSX:PAAS), Kinross Gold Corporation (TSX:K) and others.

Kinross Gold announces ownership of shares of Allegiant Gold

Kinross Gold Corporation to Report Q1, 2023 Results on May 09, 2023

Insufficient new directors

Upcoming dividend of US$0.03 per share

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

Triple Flag Precious Metals Corp. (TSX:TFPM) entered into a definitive agreement to acquire Maverix Metals Inc. (TSX:MMX) from Newmont Corporation (NYSE:NEM), Pan American Silver Corp. (TSX:PAAS), Kinross Gold Corporation (TSX:K) and others for approximately $590 million.

Kinross Gold Corporation Declares Quarterly Dividend, Payable on December 15, 2022

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Kinross Gold receives TSX approval to increase normal course issuer bid

Kinross Gold Corporation (TSX:K) announces an Equity Buyback.

Now 21% undervalued after recent price drop

Asante Gold Corporation (CNSX:ASE) completed the acquisition of 90% stake in Chirano Gold Mines Limited from Kinross Gold Corporation (TSX:K).

Independent Director recently bought US$68k worth of stock

Kinross Gold Corporation Announces Management Changes

Second quarter 2022 earnings: EPS and revenues miss analyst expectations

Kinross Gold renews NCIB to buy back up to 65M shares

Kinross Gold Corporation Declares Quarterly Dividend, Payable on September 1, 2022

Price target decreased to US$5.86

Price target decreased to US$6.34

Kinross Gold Corporation Provides Update on Great Bear Project and U.S. Projects

Kinross Gold: The Capitulation Phase

Insider recently sold US$140k worth of stock

Kinross Gold: Dasvidaniya Russia

Highland Gold Mining Limited completed the acquisition of Russian Assets of Kinross Gold Corporation (TSX:K).

Kinross Gold Corporation Declares Dividend for the First Quarter of 2022, Payable on June 16, 2022

Kinross Gold: Too Cheap To Ignore

Kinross Gold: Dampened Growth Outlook Followed Recent Divestments

Kinross Gold Corporation Provides Update on Great Bear Development

Asante Gold Corporation (CNSX:ASE) has entered into an Exclusivity Agreement to acquire 90% stake in Chirano Gold Mines Limited from Kinross Gold Corporation (TSX:K).

Revenue & Expenses Breakdown
Beta