Newmont Q2 2024 Adj EPS $0.72 Beats $0.62 Estimate, Sales $4.402B Beat $4.116B Estimate
Portfolio Pulse from Benzinga Newsdesk
Newmont (NYSE:NEM) reported Q2 2024 adjusted EPS of $0.72, beating the estimate of $0.62. Sales were $4.402 billion, surpassing the $4.116 billion estimate and marking a 64.07% increase from the same period last year.
July 24, 2024 | 8:23 pm
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Newmont (NYSE:NEM) reported strong Q2 2024 results with EPS of $0.72 beating estimates by 16.13% and sales of $4.402 billion surpassing estimates by 6.95%. Sales increased by 64.07% YoY.
Newmont's strong earnings and revenue performance, significantly beating analyst estimates and showing substantial year-over-year growth, are likely to positively impact its stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100