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Barrick Gold Corp.

11:50 AM EST - Barrick Gold Corp. : reported that its fourth-quarter net loss of $468 million U.S. or $0.54 U.S. per basic share, compared to net income of $537 million U.S. or $0.62 U.S. per basic share in the same quarter of last year. On a diluted basis, loss per share for the quarter was $0.53 U.S., compared to a profit of $0.61 U.S. per share in the year-ago quarter. Adjusted net income for the quarter was $277 million U.S. or $0.32 U.S. per basic share, compared to adjusted net income of $597 million U.S. or $0.69 U.S. per basic share in the year-ago quarter. Sales for the quarter were $2.110 billion U.S., compared to $1.917 billion U.S. in the year-ago quarter. Analysts polled by Thomson Reuters expected the company to report earnings of $0.30 U.S. per share on revenues of $1.83 billion U.S. for the quarter. Analysts' estimates typically exclude special items. Barrick Gold Corp. shares T.ABX are trading up $0.07 at $45.97.