Newmont Corporation reports results for the quarter ended September 30 - Earnings Summary
Newmont Corporation reports results for the quarter ended September 30 - Earnings Summary
Newmont Corporation NEM.N reported quarterly adjusted earnings of $2.20 per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of $1.71. The mean expectation of sixteen analysts for the quarter was for earnings of $2.05 per share. Wall Street expected results to range from $1.75 to $3.49 per share.
Revenue rose 15.2% to $6.36 billion from a year ago; analysts expected $6.29 billion.
Newmont Corporation's reported EPS for the quarter was $2.35.
The company reported quarterly net income of $2.48 billion.
Newmont Corporation shares had risen by 1.6% this quarter and gained 17.4% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 2.5% in the last three months.
In the last 30 days, four analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 24 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell." The average consensus recommendation for the gold peer group is also "buy"
Wall Street's median 12-month price target for Newmont Corporation is $140.00, about 18.5% above its last closing price of $114.11
This summary was machine generated from LSEG data October 22 at 09:00 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Sep. 30 2026 | 2.05 | 2.20 | Beat |
Jun. 30 2026 | 1.99 | 2.10 | Beat |
Mar. 31 2026 | 2.18 | 2.90 | Beat |
Dec. 31 2025 | 2.00 | 2.52 | Beat |