(RTTNews) - Barrick Gold Corporation (GOLD) reported earnings for its third quarter that increased from the same period last year but missed the Street estimates.
The company's earnings totaled $483 million, or $0.28 per share. This compares with $368 million, or $0.21 per share, in last year's third quarter.
Excluding items, Barrick Gold Corporation reported adjusted earnings of $529 million or $0.30 per share for the period.
Analysts on average had expected the company to earn $0.31 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 17.7% to $3.368 billion from $2.862 billion last year.
Barrick Gold Corporation earnings at a glance (GAAP) :
-Earnings (Q3): $483 Mln. vs. $368 Mln. last year. -EPS (Q3): $0.28 vs. $0.21 last year. -Revenue (Q3): $3.368 Bln vs. $2.862 Bln last year.
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