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Market Impact: 0.34

Newmont Corporation (NEM) Tops Q1 Earnings and Revenue Estimates

NEM
Corporate EarningsAnalyst EstimatesCompany Fundamentals

Newmont reported quarterly EPS of $2.90, beating the Zacks Consensus Estimate of $2.07 by $0.83 per share, and up from $1.25 a year ago. The result indicates materially improved profitability versus both consensus and the prior-year period. This is a positive earnings update for the stock, though the article provides no guidance or other catalysts.

Analysis

Newmont reported quarterly EPS of $2.90, beating the Zacks Consensus Estimate of $2.07 by $0.83 per share, and up from $1.25 a year ago. The result indicates materially improved profitability versus both consensus and the prior-year period. This is a positive earnings update for the stock, though the article provides no guidance or other catalysts.

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Market Sentiment

Overall Sentiment

moderately positive

Sentiment Score

0.58

Ticker Sentiment

NEM0.72