Investing.com - Kinross Gold reported on Wednesday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Kinross Gold announced earnings per share of $0.03 on revenue of $821.5M. Analysts polled by Investing.com anticipated EPS of $0.0833 on revenue of $1.07B.
Kinross Gold shares are down 0% from the beginning of the year and are trading at $3.180 , down-from-52-week-high.They are outperforming the Nasdaq which is down 23.09% year to date.
Kinross Gold shares lost 1.55% in after-hours trade the report.
Kinross Gold follows other major Materials sector earnings this month
Kinross Gold's report follows an earnings missed by Sherwin-Williams on Wednesday, who reported EPS of $2.41 on revenue of $5.87B, compared to forecasts EPS of $2.77 on revenue of $6.03B.
Ecolab had matched expectations on Tuesday with second quarter EPS of $1.1 on revenue of $3.58B, compared to forecast for EPS of $1.1 on revenue of $3.49B.
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