OTTAWA (dpa-AFX) - IAMGOLD Corp. (IAG) Wednesday reported fourth-quarter loss of $840.3 million or $2.23 per share, compared to a profit of $84.6 million or $0.22 per share in the same period last year.
Adjusted earnings for the quarter were $19.7 million or $0.05 per share. On average, 12 analysts polled by Thomson Reuters expected the company to earn $0.04 per share for the quarter. Analysts' estimates typically exclude special items.
Revenues decreased 38 percent to $247.2 million from $398.6 million last year. Analysts expected revenues of $277.0 million.
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