Randgold Resources Q3 Profit Down - Quick Facts

(RTTNews) - Randgold Resources Limited (GOLD, RRS.L) reported that its third-quarter of 2013 profit attributable to owners of the parent declined to $81.34 million from the prior year's $103.52 million, with earnings per share decreasing to $0.87 from $1.12 last year.

Profit for the quarter of $97.5 million increased by 80% from $54.1 million in the previous quarter, following the increased sales, and decreased by 20% from the corresponding quarter of 2012 as a result of the drop in the average gold price received.

Profit before income tax for the latest-quarter was $126.64 million, down from $131.64 million last year.

Total revenues for the quarter increased to $332.31 million from last year's $288.61 million.

The group said it changed its treatment of consolidated non-GAAP measures in fourth-quarter of 2012, which has resulted in changes to the group level non-GAAP measures for the third quarter ended 30 September 2013.