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Newmont Q1 2023 Earnings Report

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C$55.38 -1.54 (-2.71%)
(As of 02:57 PM ET)

Newmont EPS Results

Actual EPS
C$0.55
Consensus EPS
C$0.46
Beat/Miss
Beat by +C$0.09
One Year Ago EPS
N/A

Newmont Revenue Results

Actual Revenue
$3.62 billion
Expected Revenue
$4.16 billion
Beat/Miss
Missed by -$538.98 million
YoY Revenue Growth
N/A

Newmont Announcement Details

Quarter
Q1 2023
Time
N/A

Conference Call Resources

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Newmont Earnings Headlines

Raymond James Has Optimistic Outlook of Newmont Q2 Earnings
FY2025 Earnings Estimate for Newmont Issued By Raymond James
Why I'm telling friends to avoid gold stocks
Back in November, gold made a tiny move of 1.6%. But according to my backtesting by using a special type of gold trade, I would have seen a 141% gain in just a week. It happened again in March. Gold nudged up 1.2%. This time? A 104% overnight gain. And in June? A 1% gold move turned into a 74% gain in two weeks. Granted, there would have been smaller wins and those that did not work out, but you see, there's a reason I'm telling all my friends to hold off from buying gold or regular gold stocks right now. There's a more lucrative way to play the gold market as we enter a new breakout period. It's all about catching what I call "Acceleration Cycles."
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About Newmont

Newmont (TSE:NGT) engages in the production and exploration of gold. It also explores for copper, silver, zinc, and lead. The company has operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, Papua New Guinea, Ecuador, Fiji, and Ghana. The company was founded in 1916 and is headquartered in Denver, Colorado.

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