BRIEF-Kirkland Lake Gold Qtrly Adjusted Net Earnings $0.29/Share

Kirkland Lake Gold Inc.

KGI is an operating and exploration gold Company in Kirkland Lake, Ontario which is located in the Lower Abitibi Greenstone belt in northeastern Ontario.

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BRIEF-Kirkland Lake Gold Qtrly Adjusted Net Earnings $0.29/Share

posted on Oct 30, 2018 10:51PM

2018-10-30 09:28:50 PM ET (Reuters)

Oct 30 (Reuters) - Kirkland Lake Gold Ltd:

* KIRKLAND LAKE GOLD REPORTS STRONG EARNINGS AND CASH FLOW IN Q3 2018, IMPROVES 2018 PRODUCTION AND UNIT COST GUIDANCE

* QTRLY NET EARNINGS $0.27 PER BASIC SHARE

* QTRLY ADJUSTED NET EARNINGS $0.29/SHARE

* QTRLY FREE CASH FLOW OF $52.2 MILLION, INCREASED 41% FROM $37.1 MILLION IN Q3 2017

* QTRLY REVENUE TOTALED $222.7 MILLION, 26% INCREASE

* SEES FY 2018 CONSOLIDATED PRODUCTION GUIDANCE INCREASED TO 655,000 - 670,000 OUNCES FROM OVER 635,000 OUNCES

* SEES FY 2018 CONSOLIDATED AISC PER OUNCE SOLD GUIDANCE IMPROVED TO $735 - $760 FROM $750 - $800

* QTRLY DILUTED EARNINGS PER SHARE $0.26

* FY2018 EARNINGS PER SHARE VIEW $1.14, REVENUE VIEW $845.3 MILLION -- THOMSON REUTERS I/B/E/S Source text for Eikon: Further company coverage:

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