Feb 20 Iamgold Corp reported a 37 percent
decrease in quarterly net profit on Wednesday due to lower metal prices and
lower sales volumes.
Net earnings from continuing operations attributable to equity holders fell
to $84.6 million, or 22 cents per share, in the fourth quarter from $133.6
million, or 36 cents per share, a year earlier.
Adjusted to remove one-time items, earnings were $90.3 million, or 24 cents
a share. Analysts, on average, had expected earnings of 25 cents a share,
according to Thomson Reuters I/B/E/S.
Revenue fell 3 percent to $468.4 million.