First Majestic Silver Slips To Loss In Q4 - Quick Facts

(RTTNews) - First Majestic Silver Corp. (AG) posted fourth-quarter net loss after taxes of $81.2 million or $0.69 per share, compared to net earnings of $22.4 million or $0.19 per share in the comparable quarter last year.

Adjusted earnings for the latest fourth quarter were $0.05 per share, down from $0.26 per share in the prior year quarter.

On average, six analysts polled by Thomson Reuters expected the company to earn $0.11 per share for the quarter. Analysts' estimates typically exclude special items.

The company generated revenues of $59.0 million in the fourth quarter of 2013, a decrease 17% compared to $71.0 million in the fourth quarter of 2012.