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Agnico (AEM) Reports Q3 Earnings: What Key Metrics Have to Say

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Agnico Eagle Mines (AEM - Free Report) reported $3.58 billion in revenue for the quarter ended September 2026, representing a year-over-year increase of 17.1%. EPS of $2.61 for the same period compares to $2.16 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $3.55 billion, representing a surprise of +0.89%. The company delivered an EPS surprise of +5.67%, with the consensus EPS estimate being $2.47.

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:
  • Payable production - Gold (ounces) - Total Gold: 814,012.00 oz versus 855,021.60 oz estimated by three analysts on average.
  • Payable production - Gold (ounces) - Quebec - LaRonde: 77,250.00 oz compared to the 108,855.00 oz average estimate based on two analysts.
  • Payable production - Gold (ounces) - Quebec - Canadian Malartic: 111,202.00 oz versus 123,973.90 oz estimated by two analysts on average.
  • Payable production - Gold (ounces) - Quebec - Goldex: 29,940.00 oz versus the two-analyst average estimate of 29,140.68 oz.
  • Revenues from mine operations- Quebec: $1.03 billion versus $996.02 million estimated by two analysts on average.
  • Revenues from mine operations- Ontario: $1.16 billion versus $1.09 billion estimated by two analysts on average.
  • Revenues from mine operations- Nunavut: $848.35 million versus $972.6 million estimated by two analysts on average.
  • Revenue from mine operations- Quebec- LaRonde: $404.18 million versus $354.33 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +82.5% change.
  • Revenue from mine operations- Quebec- Canadian Malartic: $485.33 million compared to the $512.17 million average estimate based on two analysts. The reported number represents a change of -10.8% year over year.
  • Revenue from mine operations- Quebec- Goldex: $144.31 million compared to the $129.52 million average estimate based on two analysts. The reported number represents a change of +33.5% year over year.
  • Revenue from mine operations- Mexico- Pinos Altos: $99.7 million compared to the $104.31 million average estimate based on two analysts. The reported number represents a change of +12.6% year over year.
  • Revenue from mine operations- Ontario- Macassa: $359.98 million compared to the $362.28 million average estimate based on two analysts. The reported number represents a change of +27.6% year over year.

View all Key Company Metrics for Agnico here>>>

Shares of Agnico have returned -2.8% over the past month versus the Zacks S&P 500 composite's -0.2% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.

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