Eldorado Gold Corp to Post Q1 2018 Earnings of $0.00 Per Share, Desjardins Forecasts (ELD)

Eldorado Gold Corp (TSE:ELD) (NYSE:EGO) – Desjardins lowered their Q1 2018 earnings per share (EPS) estimates for Eldorado Gold in a research note issued on Thursday. Desjardins analyst J. Wolfson now anticipates that the company will earn $0.00 per share for the quarter, down from their prior forecast of $0.01. Desjardins has a “Sell” rating and a $1.00 price objective on the stock. Desjardins also issued estimates for Eldorado Gold’s Q2 2018 earnings at ($0.01) EPS, Q3 2018 earnings at $0.00 EPS and Q4 2018 earnings at $0.01 EPS.

Other equities research analysts also recently issued reports about the company. Canaccord Genuity decreased their price objective on Eldorado Gold from C$2.00 to C$1.25 in a research report on Friday. Eight Capital decreased their price objective on Eldorado Gold from C$1.60 to C$1.30 in a research report on Friday. Finally, BMO Capital Markets restated a “market perform” rating and set a C$1.50 price objective on shares of Eldorado Gold in a research report on Friday. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of C$2.10.

Shares of Eldorado Gold (TSE:ELD) opened at C$1.17 on Friday. The company has a market capitalization of $1,120.00, a PE ratio of -58.50 and a beta of 0.80. Eldorado Gold has a 52-week low of C$1.15 and a 52-week high of C$5.13.

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Eldorado Gold Company Profile

Eldorado Gold Corp is a Canada-based gold exploration, development and mining company. The Company’s geographical segments include Turkey, Brazil, Greece, Romania and Other. The Turkey segment includes the Kisladag and the Efemcukuru mines and exploration activities in Turkey. The Brazil segment includes the Vila Nova mine, the Tocantinzinho project and exploration activities in Brazil.

Earnings History and Estimates for Eldorado Gold (TSE:ELD)

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