News

Published on 26 Jul 2022 on Zacks via Yahoo Finance

Newmont's (NEM) Earnings and Revenues Lag Estimates in Q2


Article preview image

Newmont Corporation NEM reported net income from continuing operations of $379 million or 48 cents per share in second-quarter 2022, down from $640 million or 80 cents per share in the year-ago quarter.

Barring one-time items, adjusted earnings were 46 cents per share that missed the Zacks Consensus Estimate of 60 cents.

Newmont reported revenues of $3,058 million, almost flat year over year.  The figure missed the Zacks Consensus Estimate by 0.5%. Higher average realized gold prices and copper sales volume were partly offset by reduced average realized co-product metal prices.

NYSE.CBT price evolution
TSX.NGT price evolution
NYSE.NEM price evolution

Want to become a better investor?

Start tracking your investments with Statfolio

Sign up for free
Related News
Franco-Nevada (FNV) Q2 Earnings & Sales Beat Estimates, Up Y/Y

Franco-Nevada Corporation FNV reported adjusted earnings of $1.02 per share in second-quarter 202...

Zacks via Yahoo Finance 11 Aug 2022

Cabot's (CBT) Earnings and Sales Surpass Estimates in Q3

Cabot Corporation CBT recorded a profit of $97 million or $1.69 per share in the third quarter of...

Zacks via Yahoo Finance 11 Aug 2022

Endeavour Silver (EXK) Q2 Earnings & Revenues Miss Estimates

Endeavour Silver Corporation EXK reported a loss per share of 2 cents for second-quarter 2022. Th...

Zacks via Yahoo Finance 10 Aug 2022

Comstock Mining (LODE) Q2 Earnings & Revenues Miss Estimates

Comstock Mining LODE recently announced selected financial results for the second quarter of 2022...

Zacks via Yahoo Finance 10 Aug 2022

Veritiv (VRTV) Surpasses Q2 Earnings Estimates, Hikes '22 View

Veritiv Corporation VRTV reported record earnings per share (EPS) of $6.12 in second-quarter 2022...

Zacks via Yahoo Finance 10 Aug 2022

Hecla Mining (HL) Q2 Earnings Beat Estimates, Revenues Lag

Hecla Mining’s HL second-quarter 2022 adjusted earnings per share of 4 cents beating the Zacks Co...

Zacks via Yahoo Finance 9 Aug 2022

Barrick's (GOLD) Earnings Beat Estimates in Q2, Revenues Lag

Barrick Gold Corporation GOLD recorded net earnings (on a reported basis) of $488 million or 27 c...

Zacks via Yahoo Finance 9 Aug 2022

Are Basic Materials Stocks Lagging CalMaine Foods (CALM) This Year?

Investors interested in Basic Materials stocks should always be looking to find the best-performi...

Zacks via Yahoo Finance 9 Aug 2022

Nutrien's (NTR) Earnings and Revenues Lag Estimates in Q2

Nutrien Ltd. NTR recorded profits of $3,601 million or $6.51 per share in second-quarter 2022, up...

Zacks via Yahoo Finance 8 Aug 2022

Zacks.com featured highlights include Apogee Enterprises, Cabot Corporation, STMicroelectronics,...

For Immediate Release Chicago, IL – August 5, 2022 – Stocks in this week’s article are Apogee Ent...

Zacks via Yahoo Finance 5 Aug 2022