Investing.com - Yamana Gold (TSX:YRI) reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Yamana Gold announced earnings per share of $0.09 on revenue of $441.9M. Analysts polled by Investing.com anticipated EPS of $0.0644 on revenue of $463.65M.
Yamana Gold shares are down 16% from the beginning of the year and are trading at $5.365 , down-from-52-week-high.They are outperforming the Nasdaq which is down 20.17% from the start of the year.
Yamana Gold shares gained 0.66% in after-hours trade after the report.
Yamana Gold follows other major Materials sector earnings this month
Yamana Gold's report follows an earnings beat by Sherwin-Williams on Tuesday, who reported EPS of $1.61 on revenue of $5B, compared to forecasts EPS of $1.54 on revenue of $4.91B.
Freeport-McMoran had beat expectations on Thursday, April 21, 2022 with first quarter EPS of $1.07 on revenue of $6.6B, compared to forecast for EPS of $0.9308 on revenue of $6.44B.
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