Barrick Gold Corporation (GOLD) reported earnings for its first quarter that increased from last year and beat the Street estimates.
The company's bottom line came in at $474 million, or $0.27 per share. This compares with $295 million, or $0.17 per share, last year.
Excluding items, Barrick Gold Corporation reported adjusted earnings of $603 million or $0.35 per share for the period.
Analysts on average had expected the company to earn $0.30 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 13.9% to $3.130 billion from $2.747 billion last year.
Barrick Gold Corporation earnings at a glance (GAAP) :
-Earnings: $474 Mln. vs. $295 Mln. last year.
-EPS: $0.27 vs. $0.17 last year.
-Revenue: $3.130 Bln vs. $2.747 Bln last year.
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