Investing.com - Kinross Gold reported on Tuesday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Kinross Gold announced earnings per share of $0.06 on revenue of $768M. Analysts polled by Investing.com anticipated EPS of $0.067 on revenue of $974.85M.
Kinross Gold shares are down 21.34% from the beginning of the year and are trading at $4.540 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% year to date.
Kinross Gold shares lost 0.66% in after-hours trade the report.
Kinross Gold follows other major Materials sector earnings this month
Kinross Gold's report follows an earnings beat by Vale ADR on Wednesday, April 27, 2022, who reported EPS of $0.93 on revenue of $10.81B, compared to forecasts EPS of $0.838 on revenue of $11.66B.
Sherwin-Williams had beat expectations on Tuesday, April 26, 2022 with first quarter EPS of $1.61 on revenue of $5B, compared to forecast for EPS of $1.54 on revenue of $4.91B.
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