NYSE$AEM
Agnico Eagle Mines Ltd · Q4 2024 earnings
Q4 2024 earnings · · After market close · Investor relations
Briefing
Agnico Eagle reported strong financial performance in Q4 2024, with record adjusted net income and free cash flow.
Agnico Eagle delivered strong financial results in Q4 2024, driven by higher gold prices and disciplined cost control. Revenue increased by 26.56% YoY to $2.22 billion, while net income rebounded to $509 million from a $374 million loss in Q4 2023. The company achieved record adjusted net income of $632 million and strong free cash flow of $570 million, reinforcing its financial position.
- Revenue grew 26.56% YoY to $2.22 billion, driven by higher realized gold prices.
- Net income recovered to $509 million from a $374 million loss in Q4 2023.
- Record adjusted net income of $632 million and strong free cash flow of $570 million.
- Gold production declined by 6.18% YoY to 847,401 ounces, while costs increased.
Headline financials
Revenue & EPS history
Agnico Eagle · Revenue · Quarterly
$2.22B
Forward guidance
Agnico Eagle expects stable gold production and continued financial strength in 2025, with a focus on cost control and strategic investments.
Tailwinds
- Gold production guidance for 2025: 3.30M - 3.50M ounces.
- Total cash costs expected to range between $915 - $965 per ounce.
- AISC guidance set at $1,250 - $1,300 per ounce.
- Continued focus on debt reduction and cost efficiency.
- Strategic investments in exploration to sustain long-term growth.
Headwinds
- Slightly lower 2025 production guidance compared to previous expectations.
- Cost increases expected due to inflation and lower-grade ore processing.
- Higher sustaining capital expenditures anticipated.
- Potential operational challenges in underground mining operations.
- Foreign exchange volatility could impact costs.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2024
+0.8%
Avg return
Earnings day
+0.5%
Avg return
5 days after
-0.6%
Avg return
30 days after
56%
37 / 66 earnings
Positive
+14.7%
Q3 2013
Best reaction
-15.9%
Q4 2019
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2025 | +5.5% | +7.5% | +1.1% | |
| Q4 2024 | -4.9% | -2.7% | +2.8% | |
| Q3 2024 | -2.9% | -3.3% | -5.0% | |
| Q1 2024 | +2.9% | -0.5% | +6.3% | |
| Q4 2023 | +5.5% | +7.3% | +23.5% | |
| Q3 2023 | -4.1% | -3.7% | +0.8% | |
| Q2 2023 | -3.3% | +0.2% | -9.6% | |
| Q1 2023 | +1.5% | +4.0% | -8.7% | |
| Q4 2022 | -5.9% | -5.4% | +3.4% | |
| Q3 2022 | +4.4% | +2.2% | +15.9% | |
| Q2 2022 | +6.4% | +8.8% | +10.3% | |
| Q1 2022 | +5.6% | +4.9% | -2.0% | |
| Q4 2021 | -3.0% | -5.9% | +15.7% | |
| Q3 2021 | -3.3% | -7.1% | -9.5% | |
| Q2 2021 | +5.9% | +4.8% | -4.2% | |
| Q1 2021 | -4.1% | +2.0% | +10.2% | |
| Q4 2020 | -8.7% | -12.5% | -19.0% | |
| Q3 2020 | -2.4% | +0.4% | -20.0% | |
| Q2 2020 | +0.2% | +3.9% | +9.2% | |
| Q1 2020 | +1.0% | +5.2% | +5.6% | |
| Q4 2019 | -15.9% | -16.4% | -37.1% | |
| Q3 2019 | +8.6% | +10.0% | +13.2% | |
| Q2 2019 | +1.1% | +2.2% | +15.8% | |
| Q1 2019 | +4.1% | +2.0% | +1.3% | |
| Q4 2018 | +3.7% | +4.0% | +5.0% | |
| Q3 2018 | -4.7% | -4.4% | -3.2% | |
| Q2 2018 | -4.5% | -5.7% | -18.7% | |
| Q1 2018 | +1.5% | -2.5% | +1.5% | |
| Q4 2017 | +2.7% | -1.9% | -10.2% | |
| Q3 2017 | +2.7% | +2.2% | +1.0% | |
| Q2 2017 | +4.0% | +2.8% | +4.5% | |
| Q1 2017 | +9.7% | +7.4% | +12.7% | |
| Q4 2016 | -4.8% | -5.3% | -14.3% | |
| Q3 2016 | -1.7% | +2.4% | -17.6% | |
| Q2 2016 | +7.2% | +11.7% | -0.6% | |
| Q1 2016 | +14.1% | — | — | |
| Q4 2015 | +6.7% | — | — | |
| Q3 2015 | +0.3% | — | — | |
| Q2 2015 | -6.4% | — | — | |
| Q1 2015 | -0.5% | — | — | |
| Q4 2014 | +3.4% | — | — | |
| Q3 2014 | +5.7% | — | — | |
| Q2 2014 | -10.0% | — | — | |
| Q1 2014 | +9.3% | — | — | |
| Q4 2013 | -1.8% | — | — | |
| Q3 2013 | +14.7% | — | — | |
| Q2 2013 | -7.0% | — | — | |
| Q1 2013 | -6.9% | — | — | |
| Q4 2012 | -2.3% | — | — | |
| Q3 2012 | +7.2% | — | — | |
| Q2 2012 | +12.1% | — | — | |
| Q1 2012 | -1.3% | — | — | |
| Q4 2011 | +0.9% | — | — | |
| Q3 2011 | +0.8% | — | — | |
| Q2 2011 | +2.9% | — | — | |
| Q1 2011 | -2.5% | — | — | |
| Q4 2010 | -4.1% | — | — | |
| Q3 2009 | -3.4% | — | — | |
| Q3 2010 | -3.4% | — | — | |
| Q2 2010 | +2.4% | — | — | |
| Q2 2009 | +2.4% | — | — | |
| Q1 2010 | -1.1% | — | — | |
| Q1 2009 | -1.1% | — | — | |
| Q4 2009 | +3.5% | — | — | |
| Q4 2007 | +3.5% | — | — | |
| Q4 2008 | +3.5% | — | — | |
| Q3 2008 | — | — | — | |
| Q2 2008 | — | — | — | |
| Q1 2008 | — | — | — |
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