Newmont Corporation (NEM) Q3 Earnings Lag Estimates

Newmont Corporation (NEM) came out with quarterly earnings of $0.81 per share, missing the Zacks Consensus Estimate of $0.83 per share. This compares to earnings of $0.36 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -2.41%. A quarter ago, it was expected that this gold and copper miner would post earnings of $0.53 per share when it actually produced earnings of $0.72, delivering a surprise of 35.85%. Over the last four qua ...