03:53 PM EST - Barrick Gold Corp. : reported adjusted first-quarter net income of $741 million U.S. or $0.75 U.S. per basic share, versus $298 million U.S. or $0.34 U.S. per basic share in the last-year quarter, reflecting higher production and sales in conjunction with lower total cash costs and higher realized prices for both gold and copper. Reported net income for the quarter was $758 million U.S. or $0.76 U.S. per diluted share, compared to $371 million U.S. or $0.42 U.S. per diluted share in the last-year quarter. Analysts polled by Thomson Reuters expected the company to report earnings of $0.63 U.S. per share for the quarter. Sales for the quarter rose to $2.56 billion U.S. from $1.775 billion U.S. in the previous-year quarter. Six analysts had consensus revenue estimate of $2.43 billion U.S. for the quarter. Barrick Gold Corp.
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