Newmont Mining (NEM) Tops Q1 EPS by 23c, Reaffirms Production Guidance

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Go back to Newmont Mining (NEM) Tops Q1 EPS by 23c, Reaffirms Production Guidance

Newmont Announces First Quarter Operating and Financial Results

April 23, 2015 4:01 PM EDT

DENVER--(BUSINESS WIRE)-- Newmont Mining Corporation (NYSE: NEM) (Newmont or the Company) announced first quarter earnings, including $628 million in operating cash flow, and production in line with guidance.

Net income: Achieved net income attributable to shareholders from continuing operations of $175 million, or $0.35 per share, compared to $117 million or $0.23 per share the prior year quarter; adjusted net income1 was $229 million, or $0.46 per basic share, compared to $121 million or $0.24 per share the prior year quarter Consolidated cash flow: Generated cash from continuing operations of $628 million and free cash flow2... More