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Newmont (NEM) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
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For the quarter ended September 2026, Newmont Corporation (NEM - Free Report) reported revenue of $6.36 billion, up 15.2% over the same period last year. EPS came in at $2.20, compared to $1.71 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $6.01 billion, representing a surprise of +5.87%. The company delivered an EPS surprise of +13.4%, with the consensus EPS estimate being $1.94.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
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:
Attributable Production - Total Gold: 1,302.00 Koz versus the three-analyst average estimate of 1,317.21 Koz.
Consolidated and attributable - other metals - Produced Silver: 11,000.00 Koz versus the two-analyst average estimate of 7,499.75 Koz.
Attributable Gold Production - Boddington: 150.00 Koz versus 154.99 Koz estimated by two analysts on average.
Attributable Gold Production - Tanami: 81.00 Koz versus 90.46 Koz estimated by two analysts on average.
Geographic Revenue- Nevada Gold Mines: $1.06 billion compared to the $750.37 million average estimate based on two analysts. The reported number represents a change of +18.3% year over year.
Geographic Revenue- Pe?asquito: $1.04 billion compared to the $967.34 million average estimate based on two analysts. The reported number represents a change of +13.4% year over year.
Geographic Revenue- Merian: $290 million compared to the $297.57 million average estimate based on two analysts. The reported number represents a change of +82.4% year over year.
Geographic Revenue- Cerro Negro: $219 million versus $292.02 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +5.8% change.
Geographic Revenue- Yanacocha: $502 million versus the two-analyst average estimate of $594.05 million. The reported number represents a year-over-year change of -5.3%.
Geographic Revenue- Boddington: $801 million compared to the $656.12 million average estimate based on two analysts. The reported number represents a change of +52.3% year over year.
Geographic Revenue- Ahafo North: $305 million compared to the $317.05 million average estimate based on two analysts.
Geographic Revenue- Red Chris: $123 million versus $110.38 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -0.8% change.
Shares of Newmont have returned -5.2% over the past month versus the Zacks S&P 500 composite's no change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
View the Zacks #1 Rank List
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Newmont (NEM) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
For the quarter ended September 2026, Newmont Corporation (NEM - Free Report) reported revenue of $6.36 billion, up 15.2% over the same period last year. EPS came in at $2.20, compared to $1.71 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $6.01 billion, representing a surprise of +5.87%. The company delivered an EPS surprise of +13.4%, with the consensus EPS estimate being $1.94.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
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:View all Key Company Metrics for Newmont here>>>
Shares of Newmont have returned -5.2% over the past month versus the Zacks S&P 500 composite's no change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.