Investing.com - Yamana Gold reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Yamana Gold announced earnings per share of $0.07 on revenue of $303.4M. Analysts polled by Investing.com anticipated EPS of $0.03 on revenue of $344.5M.
Yamana Gold shares are up 46.84% from the beginning of the year and are trading at $5.89 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
Yamana Gold shares gained 1.55% in after-hours trade following the report.
Yamana Gold follows other major Basic Materials sector earnings this month
Yamana Gold's report follows an earnings beat by Air Products on Thursday, who reported EPS of $2.01 on revenue of $2.07B, compared to forecasts EPS of $1.98 on revenue of $2.07B.
Dow had missed expectations on Thursday with second quarter EPS of $-0.26 on revenue of $8.35B, compared to forecast for EPS of $-0.23 on revenue of $8.05B.
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