Overview

* Eldorado Gold ( EGO ) Q2 revenue rises 52% yr/yr, beating analyst expectations

* Adjusted EPS for Q2 misses analyst estimates

* Co repurchased $44.6 mln of shares, indicating confidence in future growth

Outlook

* Eldorado maintains 2025 gold production guidance at 460,000-500,000 ounces

* Company expects full-year cash costs and AISC at high end of guidance

* Eldorado sees impact of Turkish royalty changes on costs

* Company entered gold collars for Skouries Project Term Facility

Result Drivers

* GOLD PRODUCTION - Increased gold production driven by accelerated inventory drawdowns at Kisladag and higher grade and throughput at Lamaque

* REVENUE GROWTH - Revenue increased due to higher average realized gold prices and increased sales volumes

* COST INCREASES - Higher production costs attributed to increased royalty expenses and rising labor costs, particularly in Turkiye

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Beat $451.70 $409.50

Revenue mln mln (2

Analysts

)

Q2 Miss $0.44 $0.48 (5

Adjusted Analysts

EPS )

Q2 Net $139 mln

Income

Q2 $202 mln

Adjusted

Free

Cash

Flow

Q2 Capex $240.90

mln

Q2 Free -$61.60

Cash mln

Flow

Analyst Coverage

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 5 "strong buy" or "buy", 3 "hold" and 1 "sell" or "strong sell"

* The average consensus recommendation for the gold peer group is "buy."

* Wall Street's median 12-month price target for Eldorado Gold Corp ( EGO ) is C$33.97, about 16.6% above its July 30 closing price of C$28.33

* The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 10 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)