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Kinross Gold: 4Q Earnings Snapshot

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TORONTO (AP) _ Kinross Gold Corp. (KGC) on Wednesday reported fourth-quarter profit of $783.3 million.

The Toronto-based company said it had profit of 62 cents per share. Earnings, adjusted for non-recurring gains, came to 27 cents per share.

The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 22 cents per share.

The gold mining company posted revenue of $1.2 billion in the period.

For the year, the company reported profit of $1.34 billion, or $1.06 per share. Revenue was reported as $4.21 billion.

Kinross Gold shares have fallen slightly since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $7.31, a rise of 46% in the last 12 months.

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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