Newmont's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
Newmont (NYSE:NEM) is set to release its quarterly earnings report on July 20, 2023. Analysts estimate an earnings per share (EPS) of $0.64. The company's past performance shows a trend of share price drops following earnings misses. The stock is currently trading at $44.98, down 14.0% over the last 52-week period.
July 19, 2023 | 4:01 pm
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Newmont's upcoming earnings report could impact its stock price. Past performance shows a trend of share price drops following earnings misses. The stock is currently down 14.0% over the last 52-week period.
Newmont's stock price has historically been affected by its earnings reports, particularly when the company misses estimates. Given that the stock is already down 14.0% over the last 52-week period, another earnings miss could further depress the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100