Newmont(NEM) ZACKS·2025-04-23 22:15Core Viewpoint - Newmont Corporation reported strong quarterly earnings of $1.25 per share, significantly exceeding the Zacks Consensus Estimate of $0.84 per share, and showing a year-over-year increase from $0.55 per share [1][2] Group 1: Earnings Performance - The earnings surprise for the recent quarter was 48.81%, following a previous surprise of 47.37% when earnings were $1.40 per share against an expectation of $0.95 [1][2] - Over the last four quarters, Newmont has surpassed consensus EPS estimates three times [2] Group 2: Revenue Performance - Newmont's revenues for the quarter ended March 2025 were $5.01 billion, exceeding the Zacks Consensus Estimate by 12.22%, and up from $4.02 billion a year ago [2] - The company has topped consensus revenue estimates four times over the last four quarters [2] Group 3: Stock Performance - Newmont shares have increased approximately 46.5% since the beginning of the year, contrasting with a decline of -10.1% in the S&P 500 [3] Group 4: Future Outlook - The company's earnings outlook will be crucial for assessing future stock performance, including current consensus earnings expectations for upcoming quarters [4] - The current consensus EPS estimate for the next quarter is $0.85 on revenues of $4.18 billion, and for the current fiscal year, it is $3.71 on revenues of $18.34 billion [7] Group 5: Industry Context - The Mining - Gold industry, to which Newmont belongs, is currently ranked in the bottom 42% of over 250 Zacks industries, indicating potential challenges ahead [8]