Wall Street analysts expect Newmont Corporation (NEM Quick QuoteNEM - Free Report) to post quarterly earnings of $1.96 per share in its upcoming report, which indicates a year-over-year increase of 14.6%. Revenues are expected to be $6.01 billion, up 8.8% from the year-ago quarter.

The current level reflects a downward revision of 4.5% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.

Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.

While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.

Bearing this in mind, let's now explore the average estimates of specific Newmont metrics that are commonly monitored and projected by Wall Street analysts.

Analysts' assessment points toward 'Geographic Revenue- Nevada Gold Mines' reaching $750.37 million. The estimate indicates a year-over-year change of -16%.

The consensus estimate for 'Geographic Revenue- Pe?asquito' stands at $967.34 million. The estimate indicates a year-over-year change of +5.4%.

According to the collective judgment of analysts, 'Geographic Revenue- Merian' should come in at $297.57 million. The estimate indicates a change of +87.2% from the prior-year quarter.

The collective assessment of analysts points to an estimated 'Geographic Revenue- Cerro Negro' of $292.02 million. The estimate points to a change of +41.1% from the year-ago quarter.

The combined assessment of analysts suggests that 'Attributable Gold Production - Yanacocha' will likely reach 90 thousands of ounces. Compared to the present estimate, the company reported 152 thousands of ounces in the same quarter last year.

Analysts forecast 'Consolidated and attributable - other metals - Produced Silver' to reach 7500 thousands of ounces. The estimate compares to the year-ago value of 7000 thousands of ounces.

The consensus among analysts is that 'Attributable Gold Production - Boddington' will reach 155 thousands of ounces. Compared to the present estimate, the company reported 146 thousands of ounces in the same quarter last year.

It is projected by analysts that the 'Attributable Gold Production - Tanami' will reach 90 thousands of ounces. Compared to the current estimate, the company reported 100 thousands of ounces in the same quarter of the previous year.

Analysts predict that the 'Average Realized Price - Gold' will reach 4345 dollars per ounce. Compared to the current estimate, the company reported 3539 dollars per ounce in the same quarter of the previous year.

The average prediction of analysts places 'Average Realized Price - Copper' at N/A. Compared to the present estimate, the company reported N/A in the same quarter last year.

Analysts expect 'Attributable Gold ounces sold - Total Gold' to come in at 1205 thousands of ounces. The estimate is in contrast to the year-ago figure of 1319 thousands of ounces.

Based on the collective assessment of analysts, 'Attributable Production - Total Gold' should arrive at 1287 thousands of ounces. Compared to the current estimate, the company reported 1421 thousands of ounces in the same quarter of the previous year.

Shares of Newmont have experienced a change of -3.9% in the past month compared to the +1.5% move of the Zacks S&P 500 composite. With a Zacks Rank #3 (Hold), NEM is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .