Investing.com - Yamana Gold (TSX:YRI) reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Yamana Gold announced earnings per share of $0.050 on revenue of $422.400. Analysts polled by Investing.com anticipated EPS of $0.060 on revenue of $486.19M.
Yamana Gold shares are down 18% from the beginning of the year and are trading at $4.520 , down-from-52-week-high.
Yamana Gold shares lost 0.44% 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 $2.83 on revenue of $6.05B, compared to forecasts EPS of $2.59 on revenue of $5.81B.
Freeport-McMoran had missed expectations on Thursday, October 20, 2022 with third quarter EPS of $0.26 on revenue of $5B, compared to forecast for EPS of $0.3167 on revenue of $5.37B.
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