Kinross' (KGC) Earnings and Sales Surpass Estimates in Q1

Kinross Gold Corporation (KGC) reported a profit from continuing operations of $107 million or 9 cents per share in first-quarter 2024. The figure registered an increase from a profit of $90.2 million or 7 cents per share recorded in the year-ago quarter.KGC reported adjusted earnings of 10 cents per share, up from the prior-year quarter’s figure of 7 cents. The bottom line beat the Zacks Consensus Estimate of 6 cents.  Revenues rose 16% year over year to $1,081.5 million in the first quarter. It topped the ...