Investing.com - Yamana Gold (TSX:YRI) reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Yamana Gold announced earnings per share of $0.11 on revenue of $503.8M. Analysts polled by Investing.com anticipated EPS of $0.0903 on revenue of $513.09M.
Yamana Gold shares are up 13.98% from the beginning of the year and are trading at $4.870 , 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 1.25% in after-hours trade after the report.
Yamana Gold follows other major Materials sector earnings this month
Yamana Gold's report follows an earnings missed by Freeport-McMoran on Wednesday, January 26, 2022, who reported EPS of $0.96 on revenue of $6.16B, compared to forecasts EPS of $0.9703 on revenue of $6.44B.
Air Products had beat expectations on Friday, February 4, 2022 with first quarter EPS of $2.52 on revenue of $2.99B, compared to forecast for EPS of $2.5 on revenue of $2.74B.
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