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Kinross Gold: 2Q Earnings Snapshot

TORONTO (AP) _ Kinross Gold Corp. (KGC) on Wednesday reported second-quarter profit of $2.4 million.

On a per-share basis, the Toronto-based company said it had profit of less than 1 cent. Earnings, adjusted for non-recurring costs, were 3 cents per share.

The results matched Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was also for earnings of 3 cents per share.

The gold mining company posted revenue of $775 million in the period.

The company's shares closed at $3.57. A year ago, they were trading at $4.12.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KGC at https://www.zacks.com/ap/KGC