Newmont Corporation (NYSE: NEM) is scheduled to reveal its financial results for the third quarter on Wednesday 23rd October 2024. This disclosure will take place after market close, providing investors with significant information regarding the company's performance in the last three months period.
As per the projections made by financial experts on Wall Street, the establishment is expected to announce an estimated $0.85 profit per share for the quarter. Moreover, the firm is likely to disclose a quarterly revenue of $4.64 billion.
The earnings report for the corresponding quarter in the previous year showcased a per-share income of $0.36. This considerable sum was attributed to the company's total revenue, which reached an impressive $2.49 billion during that specific quarter.
The forecasts for the company's annual performance have been disclosed by Wall Street analysts, with an estimated total revenue of $18.01 billion. In addition, they anticipate the company to report profit of $3.09 per share for the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.72 | +118.2% | 4.40 B | +64.1% |
| Q1 2024 | $0.55 | +37.5% | 4.02 B | +50.2% |
| Q4 2023 | $0.50 | +13.6% | 3.96 B | +23.7% |
| Q3 2023 | $0.36 | +33.3% | 2.49 B | -5.4% |
| Q2 2023 | $0.33 | -28.3% | 2.68 B | -12.3% |
| *Growth on year-over-year basis | ||||
Additionally, The company will host a conference call with investors and analysts on 24th October 2024 at 11:00 AM eastern time to review the Q3 2024 financial results.
Throughout Monday's trading, Newmont Corporation (NEM) shares fluctuated between $57.37 and $58.71, with a trading volume of 8.26 million shares. The stock ended the regular trading session at $57.57, indicating downfall of 0.09 percent.