Newmont Declares Second Quarter Dividend of $0.55 Per Share
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/13/2026
- Wall Street ends higher as SpaceX's market debut dominates
- SpaceX prices historic IPO at $135/share in largest ever new listing
- 'Ocean of opportunity': Wolfe initiates SpaceX at Buy ahead of historic IPO
- UBS cuts gold price forecasts on delayed Fed easing outlook
- Brent falls to lowest since March on expected peace deal
- NASDAQ adds five companies to NASDAQ-100 index in quarterly rebalance
- Super Micro Computer establishes $1.25 billion stock sale agreement
- Wall Street ends higher as SpaceX's market debut dominates
- 'Ocean of opportunity': Wolfe initiates SpaceX at Buy ahead of historic IPO
- SpaceX Shares Indicated To Open At $155
Newmont (NEM) Stock Slides Following Earnings, Analyst Says it was a 'Meaningful Miss'
July 25, 2022 3:18 PM EDTNewmont (NYSE: NEM) reported second-quarter earnings before the bell Monday, posting a profit of $0.46 per share, $0.22 worse than the analyst estimate of $0.68. Revenue for the quarter came in at $3.06 billion versus the consensus estimate of $3.15 billion.
Newmont shares have plunged over 13% following the report. Meanwhile, analysts at UBS, RBC Capital, KeyBanc, and Credit Suisse all released research notes reacting to the release:
UBS analyst Cleve Rueckert, who has a Neutral rating and $78 per share price target on Newmont, said "revenues of $3.06b were slightly above consensus' $3.05b. Adj.... More
