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EGOEldorado Gold CorporationSell5.2·$40.57+0.90%

Eldorado Gold (EGO) Q2 2026 earnings — TrendMatrix coverage

IN LINE+0.2% vs estimateEPS $0.54 vs $0.54 estVerdict Buy (Wait)Sell

Reported

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure

Event detail · Q2 2026

Key numbers

Reported EPS
$0.54
Estimate
$0.54
Surprise
+0.2%
Revenue (period 2026-06-30)
$487.5M
Score at report (before → after)
6.66.6/10

Revenue source: yfinance_provisional (provisional — SEC XBRL not yet filed for this period).

Report record · Q2 2026

How the report landed

Eldorado Gold (EGO) reported diluted EPS of $0.54, in line with the $0.54 estimate. TrendMatrix's engine moved from Buy (Wait) (6.6/10) to Sell at 6.6/10 after the report.

Current read · as of 2026-09-17

Where TrendMatrix's rating stands now

TrendMatrix currently rates EGO Sell at 5.2/10.

2 of the last 4 quarters beat the estimate; this quarter's +0.2% surprise compares with a +7.2% four-quarter average. Next scheduled report: 2026-10-29.

What supports the rating

  • Earnings estimates trending UP
  • Attractive valuation

What argues against it

  • Commodity cycle peak: fwd P/E 7.5× (below 12) + fwd/trail 0.52× (below 0.55). EPS just expanded off a commodity-price surge — forward estimate may be built on stale spot, mean-reversion risk unpriced.
  • Analyst target reached - limited upside remaining
  • Sector modifier (Basic Materials): -0.1

This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.

Current engine read

The levels TrendMatrix's engine tracks

Current price
$40.57
Price target
$47.33
Stop
$38.51
Upside to target
+16.7%

The stock trades at 14.4× trailing but 7.5× forward earnings — consensus estimates already build in a substantial earnings recovery.

Risk check: trading volume is running 1.5× its average — elevated turnover around the report window.

Model outputs from TrendMatrix’s engine as of 2026-09-17 — shown for context, not personalized investment advice.

Basic Materials context

EGO at TrendMatrix's latest read

Materials producers report against the commodity cycle — realized-price capture and volume, not the EPS line, are the tells in a quarter like this.

Industry
Gold
Market cap
$10.49B
P/E (fwd)
7.5
P/E (ttm)
14.4
52-week range
$24.44$51.16
Off 52-week high
20.7%
RSI (14)
30
Volume vs avg
1.54×
Score today
5.2/10

Earnings figures are sourced from TrendMatrix’s pipeline (EPS: existing earnings extraction; revenue: SEC XBRL company facts where available, yfinance-provisional otherwise). Not a buy/sell rating, a price target, or investment advice — see the current verdict on the stock’s main page for TrendMatrix’s live read.

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