12:04 PM EST - IAMGOLD Corp. : reported that its third-quarter net earnings were $64.9 million U.S. or $0.18 U.S. per share, compared to $18.8 million U.S. or $0.06 U.S. per share in the same quarter last year. Adjusted net earnings for the quarter were $64.9 million U.S. or $0.18 U.S. per share, up from $23.4 million U.S. or $0.08 U.S. per share last year. Analysts polled by Thomson Reuters expected the company to report earnings of $0.10 U.S. per share for the quarter. Analysts' estimates typically exclude special items. Revenues for the quarter were $235.2 million U.S., compared to $226.9 million U.S. in the prior-year quarter. Three analysts had consensus revenue estimate of $223.88 million U.S. for the quarter. The company increased 2009 production guidance to between 940,000 and 950,000 ounces, an increase of 60,000 to 70,000 ounces compared to original guidance. IAMGOLD Corp.
shares T.IMG are trading up $0.06 at $16.68.