TORONTO (AP) — TORONTO (AP) — Kinross Gold Corp. (KGC) on Wednesday reported fourth-quarter net income of $275.6 million.
On a per-share basis, the Toronto-based company said it had net income of 22 cents. Earnings, adjusted for non-recurring gains, were 20 cents per share.
The results missed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 23 cents per share.
The gold mining company posted revenue of $1.42 billion in the period.
For the year, the company reported profit of $948.8 million, or 77 cents per share. Revenue was reported as $5.15 billion.
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