Newmont Announces Record Third Quarter 2020 Results

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Go back to Newmont Announces Record Third Quarter 2020 Results

Newmont (NEM) Tops Q3 EPS by 2c, Revenues Miss

October 29, 2020 7:40 AM EDT

Newmont (NYSE: NEM) reported Q3 EPS of $0.86, $0.02 better than the analyst estimate of $0.84. Revenue for the quarter came in at $3.17 billion versus the consensus estimate of $3.3 billion.

THIRD QUARTER 2020 HIGHLIGHTS

Produced 1.5 million attributable ounces of gold* and reported CAS* of $756 per ounce and AISC* of $1,020 per ounce and produced 273 thousand attributable gold equivalent ounces from co-productsGenerated $1.6 billion of cash from continuing operations and $1.3 billion of Free Cash... More