Newmont Mining (NEM) Declares $0.14 Quarterly Dividend; 1.7% Yield
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April 25, 2019 7:13 AM EDT
Newmont Mining (NYSE: NEM) reported Q1 EPS of $0.33, $0.05 better than the analyst estimate of $0.28. Revenue for the quarter came in at $1.8 billion versus the consensus estimate of $1.85 billion.
Net income: Delivered GAAP net income from continuing operations attributable to stockholders of $113 million or $0.21 per diluted share; delivered adjusted net income1 of $176 million or $0.33 per diluted share, down $0.02 compared to the prior year quarterEBITDA: Generated $687 million in adjusted EBITDA2, up seven percent from the prior year quarterCash flow: Reported consolidated cash flow from continuing operations of $574 million, more than double prior...
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April 22, 2019 7:46 AM EDT
TD Securities analyst Greg Barnes upgraded Newmont Mining Corp. (NYSE: NEM) from Hold to Action List Buy with a price target of $46.00 (from $38.00).
For an analyst ratings summary and ratings history on Newmont Mining Corp.... More
