The miner posted $2.52 adjusted EPS for Q1 2026, exceeding forecasts, while free cash flow jumped 190% year-on-year to $1.2bn.
AngloGold Ashanti reported first-quarter adjusted earnings per share of $2.52, beating expectations by $0.28. Revenue reached $3.15bn, up 63.2% from the prior year but missing estimates by $120M.
Free cash flow hit $1.2bn, a 190% increase from $403m in Q1 2025, marking the strongest quarterly performance on record. The company reaffirmed its full-year 2026 outlook despite the revenue shortfall.
Shares showed limited reaction in early trading as investors weighed the earnings beat against the revenue miss.