Trekor Metals Falls Short of Q3 2026 Estimates as Revenue Rises 38% to $172.1M

Trekor Metals (TGB) fell short of estimates for the third quarter of 2026. Revenue was $172.1 million, up 38% from a year earlier, below the $174.0 million estimate, and adjusted EPS was $0.11, up 671% from a year earlier, in line with the $0.11 estimate.

Q3 2026 scorecard

By our calculation, revenue was $1.9 million below the estimate. The QoQ column compares with the previous quarter's revenue of $232.9 million and adjusted EPS of $0.08. The YoY column compares with $124.7 million and $0.01 in the same quarter a year earlier.

Track record

• EPS record. Adjusted EPS beat the estimate in 3 of the last 8 reports, including this one.
• Revenue record. Revenue beat the estimate in 4 of the last 8 reports.
• Revenue trend. Revenue over the last 5 reports, oldest first: $124.7 million, $177.5 million, $168.2 million, $232.9 million and $172.1 million.

What to watch

• Next-quarter estimates. Consensus calls for EPS of $0.16 and revenue of $340.8 million next quarter, based on 2 analysts.
• Next report. Trekor Metals is next expected to report on Feb. 17, 2027.
• Revenue growth. Whether revenue keeps growing from a year earlier after this quarter's 38% increase to $172.1 million.
• Related coverage. See our reports on South Bow, OceanaGold, Aris Mining and Terreno Realty.

Sources: Results are from Trekor Metals's Nov. 4, 2026 quarterly report. Estimates are consensus figures. The prior-quarter and year-ago comparison figures are from Trekor Metals's earlier quarterly reports. Items labeled by our calculation are our own arithmetic. This article is informational only and is not investment advice.