Published on 18 Apr 2024 on Zacks via Yahoo Finance
Earnings Preview: Newmont Corporation (NEM) Q1 Earnings Expected to Decline
Wall Street expects a year-over-year decline in earnings on higher revenues when Newmont Corporation (NEM) reports results for the quarter ended March 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.
The earnings report, which is expected to be released on April 25, 2024, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.