Newmont Mining (NEM) Tops Q3 EPS by 1c, Beats on Revenues

Newmont Mining (NYSE: NEM) reported Q3 EPS of $0.35, $0.01 better than the analyst estimate of $0.34. Revenue for the quarter came in at $1.9 billion versus the consensus estimate of $1.86 billion.

• Adjusted net income was $183 million or $0.35 per diluted share, down eight percent from $202 million or $0.38 per share in the prior year quarter. The adjustments to net income include $0.04 per share of tax and other adjustments.
• Revenue rose five percent to $1.9 billion for the quarter as increased sales volumes offset a lower average realized gold price.

For earnings history and earnings-related data on Newmont Mining (NEM) click here.

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