Champion Iron (ASX:CIA) reported Thursday that it broke even in the fiscal third quarter, compared with earnings of CA$0.24 per share a year earlier, according to a filing with the Australian bourse.
Analysts polled by Visible Alpha were expecting EPS of CA$0.07.
Revenue fell year on year to CA$363.2 million from CA$506.9 million, the filing said.
Analysts' consensus as compiled by Visible Alpha was CA$361.6 million.
During the reported quarter, the mining firm produced 3.6 million wet metric tonnes of iron ore concentrates, a 14% rise from the fiscal Q2 and a 10% fall year on year.
Company shares fell nearly 3% in recent Thursday trade.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.