Earnings Preview: What To Expect From Newmont's Report

Core Insights - Newmont Corporation is a leading mining company focused primarily on gold production, with a market capitalization of $94.4 billion and operations across multiple regions including the Americas, Caribbean, Africa, and the Indo-Pacific [1] Earnings Expectations - Analysts anticipate Newmont will report a profit of $1.27 per share for Q3, reflecting a 56.8% increase from $0.81 per share in the same quarter last year [2] - For the full fiscal year 2025, expected EPS is $5.48, a 57.5% increase from $3.48 in 2024, with modest growth of 3.1% projected for fiscal 2026 to $5.65 per share [3] Stock Performance - Newmont's stock has increased by 60.1% over the past 52 weeks, significantly outperforming the S&P 500 Index's 17.6% gains and the Materials Select Sector SPDR Fund's 6.3% decline during the same period [4] - Following the release of Q2 results, Newmont's stock surged 6.9% in one trading session, driven by a record quarterly free cash flow of $1.7 billion and a 20.8% year-over-year revenue increase to $5.3 billion [5] Analyst Ratings - The consensus rating for Newmont's stock is "Moderate Buy," with 11 "Strong Buys," 2 "Moderate Buys," and 8 "Holds" among the 21 analysts covering the stock [6]