Investing.com - Kinross Gold reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Kinross Gold announced earnings per share of $0.07 on revenue of $862.5M. Analysts polled by Investing.com anticipated EPS of $0.0596 on revenue of $903.72M.
Kinross Gold shares are down 11.99% from the beginning of the year and are trading at $6.460 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% year to date.
Kinross Gold follows other major Basic Materials sector earnings this month
Kinross Gold's report follows an earnings missed by Vale ADR on Friday, October 29, 2021, who reported EPS of $0.76 on revenue of $12.68B, compared to forecasts EPS of $1.09 on revenue of $13.89B.
Freeport-McMoran had beat expectations on Thursday, October 21, 2021 with third quarter EPS of $0.89 on revenue of $6.08B, compared to forecast for EPS of $0.8088 on revenue of $6.18B.
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