Newmont Goldcorp Announces Newmont’s First Quarter 2019 Results
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UPDATE: Newmont Mining Corp. (NEM) PT Raised to $37 at Deutsche Bank
April 29, 2019 6:33 AM EDT(Updated - April 29, 2019 6:39 AM EDT)
(update corrects firm name)
Deutsche Bank analyst Chris Terry raised the price target on Newmont Mining Corp. (NYSE: NEM) to $37.00 (from $36.00) while maintaining a Hold rating.
... MoreNewmont Mining (NEM) Tops Q1 EPS by 5c, Revenues Miss
April 25, 2019 7:13 AM EDTNewmont 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... More