Eldorado Gold's Q3 Adjusted Net Earnings Rise YoY, Cuts 2026 Production Guidance

05:42 AM EDT, 10/29/2026 (MT Newswires) -- Eldorado Gold (ELD.TO) on Wednesday reported Q3 adjusted net earnings of $127.0 million, or $0.49 per share, an increase from $82.3 million, or $0.41 per share, a year ago. Analysts polled by FactSet expected $0.54. Revenue was $511.9 million, rising from $434.7 million a year ago. Analysts expected $603.8 million, with three analysts reporting. The company produced 106,351 ounces of gold, down from 115,190 ounces. Eldorado revised its 2026 production outlook for its operating assets, excluding Skouries and McIlvenna Bay, to 410,000 to 430,000 ounces of gold, a reduction from the previous guidance of 430,000 to 490,000 ounces. Including Skouries and McIlvenna Bay, 2026 production is expected to be 425,000 to 475,000 ounces of gold, down from the original guidance of 495,000 to 600,000 ounces. Eldorado declared a Q4 dividend of $0.075 per common share, payable on Dec. 15 to shareholders of record at the close of business on Dec. 1.