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Agnico (AEM) Reports Q1 Earnings: What Key Metrics Have to Say

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For the quarter ended March 2026, Agnico Eagle Mines (AEM - Free Report) reported revenue of $4.1 billion, up 66.1% over the same period last year. EPS came in at $3.40, compared to $1.53 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $3.84 billion, representing a surprise of +6.68%. The company delivered an EPS surprise of +6.58%, with the consensus EPS estimate being $3.19.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Agnico performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Realized prices - Silver (per ounce): $83.90 versus $80.13 estimated by three analysts on average.
  • Realized prices - Gold (per ounce): $4,861.00 versus the three-analyst average estimate of $4,613.59.
  • Payable production - Gold (ounces) - Total Gold: 825,109.00 oz versus the three-analyst average estimate of 834,858.80 oz.
  • Payable metal sold - Gold (ounces) - Nunavut - Meliadine: 77,250.00 oz versus 96,352.39 oz estimated by two analysts on average.
  • Revenue from mine operations- Quebec- LaRonde: $401.93 million compared to the $341.37 million average estimate based on two analysts. The reported number represents a change of +83.2% year over year.
  • Revenue from mine operations- Quebec- Canadian Malartic: $754.85 million compared to the $644.97 million average estimate based on two analysts. The reported number represents a change of +78.9% year over year.
  • Revenue from mine operations- Quebec- Goldex: $166.54 million compared to the $138.31 million average estimate based on two analysts. The reported number represents a change of +73.5% year over year.
  • Revenue from mine operations- Nunavut- Meliadine: $376.59 million versus the two-analyst average estimate of $435.01 million. The reported number represents a year-over-year change of +45.8%.
  • Revenue from mine operations- Mexico- Pinos Altos: $122.27 million compared to the $99.9 million average estimate based on two analysts. The reported number represents a change of +113.4% year over year.
  • Revenue from mine operations- Finland- Kittila: $251.9 million versus the two-analyst average estimate of $248.32 million. The reported number represents a year-over-year change of +56.4%.
  • Revenue from mine operations- Ontario- Detour Lake: $944.23 million versus the two-analyst average estimate of $760.46 million. The reported number represents a year-over-year change of +112.7%.
  • Revenue from mine operations- Ontario- Macassa: $306.44 million versus $327.49 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +30% change.

View all Key Company Metrics for Agnico here>>>

Shares of Agnico have returned -12.6% over the past month versus the Zacks S&P 500 composite's +12.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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