Centerra Gold Inc. (CGAU) Earnings
Centerra Gold Inc. is expected to report next earnings on October 27, 2026 (in NaN days), with a consensus EPS estimate of $0.44. CGAU has beaten EPS estimates in 8 of its last 12 reported quarters (average surprise +20.1% over the last four).
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Jul 28, 2026 | $0.38 | $0.39 | +2.6% | $443M | +12.3% |
| Apr 30, 2026 | $0.41 | $0.44 | +7.3% | $485M | +29.8% |
| Feb 19, 2026 | $0.34 | $0.41 | +20.6% | $376M | +4.4% |
| Oct 28, 2025 | $0.22 | $0.33 | +50.0% | $395M | +16.3% |
| Aug 6, 2025 | $0.17 | $0.25 | +47.1% | $288M | -4.6% |
| Feb 20, 2025 | $0.20 | $0.17 | -15.0% | $302M | -4.6% |
| Oct 31, 2024 | $0.20 | $0.18 | -10.0% | $324M | -0.9% |
| Aug 1, 2024 | $0.16 | $0.23 | +43.8% | $275M | -5.6% |
| Feb 22, 2024 | $0.29 | $0.28 | -3.4% | $345M | -2.6% |
| Oct 31, 2023 | $0.16 | $0.20 | +25.0% | $344M | +5.4% |
| May 15, 2023 | $-0.08 | $-0.24 | -200.0% | $227M | +40.1% |
| Feb 23, 2023 | $-0.09 | $-0.06 | +33.3% | $208M | +30.5% |
Source: company filings + earnings calendar. For informational purposes only — not investment advice.
Earnings call summary
Q1 FY2026 · April 30, 2026
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
- Production: Consolidated first quarter production of 68,000 ounces of gold and 14.2 million pounds of copper. Mount Milligan's production in line with PFS and full - year guidance. OXU had strong quarter due to higher grades. - Financial position: Cash balance increased to $543 million, returned $33 million to shareholders through share buybacks and dividends. - Growth projects: Chem - S PEA highlighted long - term potential. Progress on Mount Milligan PFS, Thompson Creek development, Duke - Soup life of mine optimization study, Goldfield development. - Sustainability: Goldfield reached water rights transfer milestone, social programs at Goldfield and Uxut, working on 2025 Sustainability Report. - Leadership: Mike Silvestre joined as Interim Chief Operating Officer.
Guidance
- Mount Milligan: Expect bull production and sales to be higher in Q2 and Q3. - OXU: Full - year 2026 production in range of 110,000 to 125,000 ounces, with remaining quarters' production more evenly weighted and lower than Q1. - Thompson Creek: On track for first production in mid - 2027. - Dividends: Declared quarterly dividend of $0.07 per share. - Buybacks: Expect to remain active on share buybacks depending on market conditions.
Segment performance
Consolidated first quarter production of 68,000 ounces of gold and 14.2 million pounds of copper. Mount Milligan produced over 29,500 ounces of gold and 14.2 million pounds of copper in Q1, with all - in sustaining costs on a by - product basis of $1,060 per ounce. OXU produced over 38,400 ounces of gold in Q1, with all - in sustaining costs on a by - product basis of $1,653 per ounce. Thompson Creek had approximately 38% of infrastructure refurbishment complete, with non - sustaining capex of $41 million in Q1. Operations at Wenloft provisionally resumed in April, with $2 million spent on repairs in Q1. A $73 million investment in working capital was made at Langelof in Q1.
Risks & headwinds
- Today's discussion may include forward - looking statements subject to risks that could cause actual results to differ from those expressed or implied. Risks outlined in annual information form. Diesel price volatility could impact costs, although currently not expected to be material. Uncertainties related to mine plan execution and project progress.
Analyst Q&A
Q: About Oxit's outperformance and future surprises,
A: Outperformance due to better - than - expected or modeled grades, remainder of year won't be as good as Q1 but working on Life and Mind Optimization Project.
Q: On diesel prices,
A: Under 10% of cost profile at Mount Milligan and Oxsut, hedged to some extent, impact not expected to be material.
Q: On Comess resource,
A: PFS focused on increasing confidence in engineering and permitting, will focus on delivering study around PEA resource, convert inferred to indicated resources.
Q: On buyback,
A: Committed to robust buyback, ongoing debate on capital allocation.
Q: On Oxford Life of Mine Study,
A: Expect more than a year extension, due to residual leach and lower grade oxides.
Q: On free cash flow and MOLLE operations,
A: Difference due to non - cash accounting, Thompson Creek has free cash flow deficit and Langelof has working capital investment.
Q: On Mount Milligan recoveries and costs,
A: Recoveries dependent on ore body characteristics and grade control program, costs in Q1 affected by inventory pull - through, expected to normalize in later quarters