Published on 11 Nov 2021 on Zacks via Yahoo Finance
Kinross' (KGC) Earnings Beat, Revenues Lag Estimates in Q3
Kinross Gold Corporation KGC logged a net loss of $44.9 million or 4 cents per share in third-quarter 2021 against a profit of $240.7 million or 19 cents reported in the year-ago quarter.
Barring one-time items, adjusted earnings came in at 7 cents per share that topped the Zacks Consensus Estimate of 5 cents.
Revenues declined 23.8% year over year to $862.5 million. The top line missed the Zacks Consensus Estimate of $889.6 million.