Newmont Mining (NEM) Tops Q2 EPS by 15c

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Go back to Newmont Mining (NEM) Tops Q2 EPS by 15c

Newmont Announces Second Quarter Operating and Financial Results

July 20, 2016 4:15 PM EDT

DENVER--(BUSINESS WIRE)-- Newmont Mining Corporation (NYSE: NEM) (Newmont or the Company) announced second quarter results.

Net income: Reported GAAP net income attributable to shareholders from continuing operations of $50 million, or $0.09 per share, compared to $63 million, or $0.13 per share in the prior year quarter; achieved adjusted net income1 of $231 million, or $0.44 per basic share, compared to $131 million or $0.26 per share in the prior year quarter EBITDA: Achieved adjusted EBITDA2 of $804 million in the second quarter, compared to $692 million in the prior year quarter... More