IAMGOLD Reports Q3 Breakeven Per Share On Adjusted Basis - Quick Facts

(RTTNews) - IAMGOLD Corp. (IMG.TO, IAG) reported a third-quarter net loss to shareholders of $72.5 million or $0.19 per share, compared to net income of $25.3 million or $0.07 per share, prior year. The company reported breakeven per share on an adjusted basis.

On average, 16 analysts polled by Thomson Reuters expected the company to report profit per share of $0.04 for the quarter. Analysts' estimates typically exclude special items.

Revenue increased to $341.5 million from $293.5 million last year. Analysts expected revenue of $324.58 million for the quarter. Attributable gold production, inclusive of joint venture operations, was 225,000 ounces in the third quarter 2014.

The company narrowed its 2014 attributable gold production guidance from a range of 835,000 - 900,000 ounces to 835,000 - 850,000 ounces.