Newmont Mining (NEM) Misses Q3 EPS by 12c, Sales Miss

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Go back to Newmont Mining (NEM) Misses Q3 EPS by 12c, Sales Miss

Newmont Announces Third Quarter Operating and Financial Results

October 26, 2016 4:31 PM EDT

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

Net income: Improved GAAP net income attributable to shareholders from continuing operations of $169 million, or $0.32 per share, compared to $159 million, or $0.30 per share in the prior year quarter; improved adjusted net income1 to $202 million, or $0.38 per basic share, compared to $70 million or $0.13 per share in the prior year quarter; continuing operations exclude Batu Hijau results EBITDA: Improved adjusted EBITDA2 to $666 million in the third quarter, compared to $513 million in the... More