Iamgold Corp. (IMG.TO,IAG) Tuesday reported first-quarter net earnings attributable to equity holders of $10.9 million or $0.03 per share, compared to $119.2 million or $0.32 per share in the first quarter last year.
Adjusted earnings for the quarter were $57.7 million or $0.15 per share, down from $91.6 million or $0.24 per share in the same period last year.
Revenues for the quarter dropped to 14 percent to $305.3 million from $354.1 million last year. Sales dropped mainly due to lower production from processing lower grades at Essakane and timing differences between production and sales.
Analysts polled by Thomson Reuters estimated earnings of $0.14 per share on revenues of $381.28 million for the quarter. Analysts' estimates typically exclude special items,
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.