Yamana Gold Inc. (AUY,YAU.L,YRI.TO) Tuesday reported first-quarter net earnings of $102.1 million or $0.14 per share, down from $170.0 million or $0.23 per share last year.
Adjusted earnings dropped to $0.16 per share from $0.25 per share last year. Analysts polled by Thomson Reuters expected earnings of $0.18 per share for the quarter. Analysts' estimates typically exclude special items.
Revenues for the quarter dropped to $534.9 million from $559.7 million last year. Analysts estimated revenues of $564.56 million for the quarter.
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