Agnico Eagle Mines Posts Q2 Loss - Quick Facts

(RTTNews) - Agnico Eagle Mines Ltd. (AEM, AEM.TO) Wednesday reported second-quarter loss of $24.4 million or $0.14 per share, compared to a profit of $43.27 million or $0.25 per share in the comparable quarter last year.

Adjusted loss for the quarter was $4.6 million or $0.03 per share. On average, 13 analysts polled by Thomson Reuters expected the company to earn $0.07 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues from mining operations dropped to $336.42 million from $459.56 million last year. Analysts expected revenues of $350.76 million.