Investing.com - Yamana Gold (NYSE:AUY) reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Yamana Gold announced earnings per share of $0.07 on revenue of $485.6M. Analysts polled by Investing.com anticipated EPS of $0.0703 on revenue of $464.32M.
Yamana Gold shares are down 28% from the beginning of the year, still down 25.78% from its 52 week high of $6.40 set on April 18. They are under-performing the Nasdaq 100 which is down 22.07% from the start of the year.
Yamana Gold shares gained 2.32% in after-hours trade following the report.
Yamana Gold follows other major Materials sector earnings this month
Yamana Gold's report follows an earnings beat by Air Liquide ADR on Thursday, who reported EPS of $0.5406 on revenue of $7.41B, compared to forecasts EPS of $0.5306 on revenue of $7.3B.
Sherwin-Williams had missed expectations on Wednesday with second quarter EPS of $2.41 on revenue of $5.87B, compared to forecast for EPS of $2.77 on revenue of $6.03B.
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