Investing.com - Kinross Gold (TSX:K) reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Kinross Gold announced earnings per share of $0.050 on revenue of $856.5M. Analysts polled by Investing.com anticipated EPS of $0.074 on revenue of $1.1B.
Kinross Gold shares are down 29.95% from the beginning of the year and are trading at $4.070 , down-from-52-week-high.
Kinross Gold follows other major Materials sector earnings this month
Kinross Gold's report follows an earnings beat by Vale ADR on Thursday, October 27, 2022, who reported EPS of $0.98 on revenue of $9.93B, compared to forecasts EPS of $0.6671 on revenue of $10.74B.
Air Products had beat expectations on Thursday, November 3, 2022 with fourth quarter EPS of $2.89 on revenue of $3.57B, compared to forecast for EPS of $2.77 on revenue of $3.21B.
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