Eldorado Gold reports Q4 adjusted EPS 62c, consensus 56c

Reports Q4 revenue $435.7M, consensus $440.43M. “With the strong finish to the year, as anticipated, we delivered solid operational and financial performance in 2024,” said George Burns, president and CEO. “Gold production increased 7% to 520,293 ounces of gold above the mid-point of the tightened full year guidance range. Costs were also in line with the tightened guidance range, reflecting solid performance across our global operations. The strong operational performance combined with the robust gold price, resulted in a number of financial milestones in 2024, including a 31% increase in revenue, to $1,322.6 million, and increased cash flow from operating activities to $645.7 million a 69% increase compared to 2023. We also generated $342.0 million of free cash flow, excluding the capital invested at Skouries.”