Newmont Q2 EPS $0.33 Misses $0.58 Estimate, Sales $2.68B Miss $3.88B Estimate
Portfolio Pulse from Bill Haddad
Newmont (NYSE:NEM) reported Q2 earnings of $0.33 per share, missing the analyst consensus estimate of $0.58 by 43.1%. This is a 28.26% decrease from the same period last year. The company also reported quarterly sales of $2.68 billion, missing the analyst consensus estimate of $3.88 billion by 30.85%. This is a 12.26% decrease from the same period last year.
July 20, 2023 | 11:02 am
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Newmont's Q2 earnings and sales missed estimates, indicating a potential negative impact on its stock price.
Newmont's earnings and sales for Q2 significantly missed analyst estimates, which could lead to a decrease in investor confidence and a potential drop in the stock price.
CONFIDENCE 90
IMPORTANCE 100
RELEVANCE 100