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Newmont (NEM) Reports Q1 Earnings: What Key Metrics Have to Say
NEMNewmont(NEM) ZACKS·2025-04-23 23:31

Core Insights - Newmont Corporation reported 5.01billioninrevenueforQ12025,ayearoveryearincreaseof24.55.01 billion in revenue for Q1 2025, a year-over-year increase of 24.5% and a surprise of +12.22% over the Zacks Consensus Estimate of 4.46 billion [1] - The EPS for the same period was 1.25,comparedto1.25, compared to 0.55 a year ago, resulting in an EPS surprise of +48.81% against the consensus estimate of 0.84[1]FinancialPerformanceMetricsNewmontssharesreturned+14.70.84 [1] Financial Performance Metrics - Newmont's shares returned +14.7% over the past month, outperforming the Zacks S&P 500 composite, which declined by -6.6% [3] - The company holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3] Production and Cost Metrics - Attributable Gold ounces sold for Ahafo were 199 Koz, exceeding the average estimate of 137.86 Koz [4] - Average Realized Price for Zinc was 1.13 per pound, slightly below the average estimate of 1.17perpound[4]AISCConsolidatedforNevadaGoldMineswas1.17 per pound [4] - AISC Consolidated for Nevada Gold Mines was 1789 per ounce, higher than the average estimate of 1518.2perounce[4]AISCConsolidatedforPen~asquitowas1518.2 per ounce [4] - AISC Consolidated for Peñasquito was 1091 per ounce, compared to the average estimate of 1174.5perounce[4]AttributableGoldouncessoldforYanacochawere113Koz,abovetheaverageestimateof102.64Koz[4]AttributableGoldouncessoldforBoddingtonwere135Koz,slightlybelowtheaverageestimateof137.28Koz[4]AttributableGoldouncessoldforTanamiwere75Koz,belowtheaverageestimateof79.83Koz[4]AISCConsolidatedforMerianwas1174.5 per ounce [4] - Attributable Gold ounces sold for Yanacocha were 113 Koz, above the average estimate of 102.64 Koz [4] - Attributable Gold ounces sold for Boddington were 135 Koz, slightly below the average estimate of 137.28 Koz [4] - Attributable Gold ounces sold for Tanami were 75 Koz, below the average estimate of 79.83 Koz [4] - AISC Consolidated for Merian was 1864 per ounce, higher than the average estimate of 1775.8perounce[4]AISCConsolidatedforTanamiwas1775.8 per ounce [4] - AISC Consolidated for Tanami was 1659 per ounce, slightly above the average estimate of 1627.2perounce[4]AISCConsolidatedforCerroNegrowas1627.2 per ounce [4] - AISC Consolidated for Cerro Negro was 2857 per ounce, significantly higher than the average estimate of 1246.1perounce[4]AttributableGoldouncessoldforCerroNegrowere38Koz,belowtheaverageestimateof71.34Koz[4]AISCConsolidatedforYanacochawas1246.1 per ounce [4] - Attributable Gold ounces sold for Cerro Negro were 38 Koz, below the average estimate of 71.34 Koz [4] - AISC Consolidated for Yanacocha was 1170 per ounce, above the average estimate of $1051.2 per ounce [4]