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Kinross Gold Posts Higher Adjusted Earnings, Revenue for Q2; Alice Wong Added to Board

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Kinross Gold (K.TO) after trade Wednesday reported second-quarter adjusted earnings of $0.71 per share, up from $0.44 per share a year ago.

Analysts polled by FactSet expected $0.66.

Revenue for the quarter ended June 30 was $2.24 billion, up from $1.73 billion a year ago. The company said the 29% year-over-year jump was due to the increase in the average realized gold price.

Analysts expected revenue of $2.26 billion.

Kinross said it remains on track to meet its 2026 guidance. On an attributable basis, the company expects to produce 2.0 million gold-equivalent ounces, plus or minus 5%, in 2026.

The company also said it appointed Alice Wong to its board of directors.

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