First Quantum Minerals: Q1 Earnings Snapshot

TORONTO (AP) — TORONTO (AP) — First Quantum Minerals Ltd. (FQVLF) on Tuesday reported a loss of $159 million in its first quarter.

The Toronto-based company said it had a loss of 21 cents per share. Losses, adjusted for non-recurring costs, came to 20 cents per share.

The results missed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of 14 cents per share.

The metal and minerals mining company posted revenue of $1.04 billion in the period, topping Street forecasts. Three analysts surveyed by Zacks expected $931.3 million.


This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on FQVLF at

Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

Federal News Network Logo
Log in to your WTOP account for notifications and alerts customized for you.

Sign up