Newmont Reports Second Quarter 2023 Results; Remains on Track to Achieve Full Year Guidance*; Declares $0.40 Second Quarter Dividend

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Go back to Newmont Reports Second Quarter 2023 Results; Remains on Track to Achieve Full Year Guidance*; Declares $0.40 Second Quarter Dividend

Newmont (NEM) shares drop after missing consensus estimates

July 20, 2023 7:57 AM EDT

(Updated - July 20, 2023 8:07 AM EDT)

Newmont (NYSE: NEM) shares are down more than 5% in early Thursday trading after the company reported earnings, missing profit and revenue expectations.

The gold mining company reported Q2 EPS of $0.33, $0.14 worse than the analyst estimate of $0.47, with... More