Newmont(US:NEM) ZACKSยท2025-10-07 22:00Company Performance - Newmont Corporation (NEM) closed at $86.95, reflecting a -1.76% change from the previous day, which is less than the S&P 500's daily loss of 0.38% [1] - Over the past month, shares of Newmont have appreciated by 16.84%, outperforming the Basic Materials sector's gain of 0.97% and the S&P 500's gain of 4.06% [1] Upcoming Earnings - The upcoming earnings report for Newmont is expected on October 23, 2025, with an anticipated EPS of $1.23, marking a 51.85% increase compared to the same quarter last year [2] - The consensus estimate projects revenue of $4.92 billion, reflecting a 6.75% rise from the equivalent quarter last year [2] Fiscal Year Estimates - For the entire fiscal year, Zacks Consensus Estimates predict earnings of $5.44 per share and revenue of $20.75 billion, indicating changes of +56.32% and +11.06%, respectively, from the previous year [3] Analyst Estimates - Changes in analyst estimates for Newmont are important as they reflect short-term business trends and analysts' confidence in performance and profit potential [4] Zacks Rank and Performance - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), has a strong track record, with stocks rated 1 producing an average annual return of +25% since 1988 [6] - Newmont Corporation currently holds a Zacks Rank of 3 (Hold), with a consensus EPS projection that has moved 3.33% higher in the past 30 days [6] Valuation Metrics - Newmont Corporation has a Forward P/E ratio of 16.27, which is below the industry average of 16.91, indicating it is trading at a discount [7] - The company has a PEG ratio of 0.99, compared to the Mining - Gold industry's average PEG ratio of 0.81 [8] Industry Context - The Mining - Gold industry is part of the Basic Materials sector and currently holds a Zacks Industry Rank of 48, placing it in the top 20% of over 250 industries [9]