Goldcorp Slips Loss In Q1 - Quick Facts

(RTTNews) - Goldcorp Inc. (G.TO, GG) Thursday reported first-quarter net loss $87 million or $0.11 per share, compared to net income of $98 million or $0.12 per share a year earlier.

Adjusted net earnings for the latest first quarter plunged to $12 million or $0.01 per share from $209 million or $0.26 per share in the prior year period. On average, eighteen analysts polled by Thomson-Reuters estimated earnings to be $0.10 per share. Analysts' estimates typically exclude one-time items.

Revenues increased to $1.27 billion, from $1.23 billion a year earlier. Analysts expected revenues of $953.52 million.

First quarter gold sales were 827,500 ounces on production of 724,800 ounces, compared to sales of 684,000 ounces on production of 679,900 ounces in the first quarter of 2014.