Yamana Gold, Inc. (NYSE:AUY) delivered a profit and missed Wall Street’s expectations, AND came up short on beating the revenue expectation. The revenue miss is a negative sign to shareholders seeking high growth out of the company. Shares are down 6.29%.
Yamana Gold, Inc. Earnings Cheat Sheet
Results: Adjusted Earnings Per Share decreased 70.83% to $0.07 in the quarter versus EPS of $0.24 in the year-earlier quarter.
Revenue: Decreased 19.64% to $430.5 million from the year-earlier quarter.
Actual vs. Wall St. Expectations: Yamana Gold, Inc. reported adjusted EPS income of $0.07 per share. By that measure, the company missed the mean analyst estimate of $0.11. It missed the average revenue estimate of $586.73 million.
Key Stats (on next page)…
Revenue decreased 19.51% from $534.87 million in the previous quarter. EPS increased 0% from $0.07 in the previous quarter.
Looking Forward: Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.23 to a profit $0.13. For the current year, the average estimate has moved down from a profit of $0.81 to a profit of $0.56 over the last ninety days.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)
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