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Newmont Corporation (NEM) Lags Q1 Earnings and Revenue Estimates
Newmont Corporation (NEM) came out with quarterly earnings of $0.40 per share, missing the Zacks Consensus Estimate of $0.43 per share. This compares to earnings of $0.33 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -6.98%. A quarter ago, it was expected that this gold and copper miner would post earnings of $0.48 per share when it actually produced earnings of $0.50, delivering a surprise of 4.17%.
Over the last four quarters, the company has surpassed consensus EPS estimates just once.
Newmont, which belongs to the Zacks Mining - Miscellaneous industry, posted revenues of $2.58 billion for the quarter ended March 2020, missing the Zacks Consensus Estimate by 3.78%. This compares to year-ago revenues of $1.80 billion.
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https://finance.yahoo.com/news/newmont-c...01209.html
![[Bild: NEMc1dl0359.png]](https://finviz.com/publish/050620/NEMc1dl0359.png)
Newmont Corporation (NEM) came out with quarterly earnings of $0.40 per share, missing the Zacks Consensus Estimate of $0.43 per share. This compares to earnings of $0.33 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -6.98%. A quarter ago, it was expected that this gold and copper miner would post earnings of $0.48 per share when it actually produced earnings of $0.50, delivering a surprise of 4.17%.
Over the last four quarters, the company has surpassed consensus EPS estimates just once.
Newmont, which belongs to the Zacks Mining - Miscellaneous industry, posted revenues of $2.58 billion for the quarter ended March 2020, missing the Zacks Consensus Estimate by 3.78%. This compares to year-ago revenues of $1.80 billion.
...
https://finance.yahoo.com/news/newmont-c...01209.html
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