Gold miner Newmont misses profit estimates on mining disruptions, higher costs

Go back to Gold miner Newmont misses profit estimates on mining disruptions, higher costs

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