Investing.com - Kinross Gold reported on Wednesday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Kinross Gold announced earnings per share of $0.12 on revenue of $1.00B. Analysts polled by Investing.com anticipated EPS of $0.1281 on revenue of $1.03B.
Kinross Gold shares are down 14.58% from the beginning of the year and are trading at $6.260 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
Kinross Gold shares lost 0.16% in after-hours trade the report.
Kinross Gold follows other major Materials sector earnings this month
Kinross Gold's report follows an earnings missed by Sherwin-Williams on Tuesday, who reported EPS of $2.65 on revenue of $5.38B, compared to forecasts EPS of $2.67 on revenue of $5.38B.
Ecolab had beat expectations on Tuesday with second quarter EPS of $1.22 on revenue of $3.16B, compared to forecast for EPS of $1.21 on revenue of $3.11B.
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