First Majestic Silver Q1 Profit Plunges - Quick Facts

(RTTNews) - First Majestic Silver Corp. (AG) posted first-quarter net earnings of US$6.0 million or US$0.05 per share, compared to US$26.5 million or US$0.23 per share in the comparable quarter last year.

Adjusted earnings for the latest fourth quarter were US$0.06 per share, down from US$0.21 per share in the prior year quarter. On average, six analysts polled by Thomson Reuters expected the company to earn US$0.10 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues for the latest first quarter were US$65.2 million, down 3% from US$67.1 million in the first quarter of 2013.