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Newmont (NEM) Reports Q2 Earnings: What Key Metrics Have to Say

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For the quarter ended June 2026, Newmont Corporation (NEM - Free Report) reported revenue of $6.12 billion, up 15.1% over the same period last year. EPS came in at $2.10, compared to $1.43 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $6.35 billion, representing a surprise of -3.69%. The company delivered an EPS surprise of +2.44%, with the consensus EPS estimate being $2.05.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Newmont performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Average Realized Price - Lead: 0.88 $/lb versus 0.88 $/lb estimated by three analysts on average.
  • Average Realized Price - Silver: $53.5 per ounce compared to the $70.5 per ounce average estimate based on three analysts.
  • Attributable Production - Total Gold: 1,293.00 Koz compared to the 1,230.98 Koz average estimate based on three analysts.
  • Average Realized Price - Gold: $4414 per ounce versus the three-analyst average estimate of $4773.7 per ounce.
  • Average Realized Price - Copper: 6.82 $/lb versus the three-analyst average estimate of 5.73 $/lb.
  • Average Realized Price - Zinc: 1.64 $/lb versus the three-analyst average estimate of 1.46 $/lb.
  • AISC Consolidated - Nevada Gold Mines: $1805 per ounce compared to the $1745.7 per ounce average estimate based on two analysts.
  • Attributable Production - Nevada Gold Mines: 240.00 Koz compared to the 224.22 Koz average estimate based on two analysts.
  • Attributable Production - Cerro Negro: 49.00 Koz versus the two-analyst average estimate of 44.87 Koz.
  • Attributable Production - Penasquito: 37.00 Koz compared to the 44.42 Koz average estimate based on two analysts.
  • AISC Consolidated - Merian: $1780 per ounce compared to the $1944.4 per ounce average estimate based on two analysts.
  • AISC Consolidated - Cerro Negro: $2338 per ounce compared to the $2403.6 per ounce average estimate based on two analysts.

View all Key Company Metrics for Newmont here>>>

Shares of Newmont have returned +1.8% over the past month versus the Zacks S&P 500 composite's +0.4% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.

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