Newmont shares rise as strong Q1 results beat estimates
Shares of Newmont Corporation (NYSE:NEM, TSX:NGT, ASX:NEM, ETR:NMM) rose 2.2% on Thursday morning after the world's largest gold miner reported first-quarter earnings that beat Wall Street expectations, driven by higher gold prices, lower costs and delayed capital spending. The company posted adjusted earnings per share of $1.25, ahead of its estimate of $0.97 and well above the consensus of $0.92.
Newmont's Earnings and Revenues Surpass Estimates in Q1
The increase in NEM's top line in Q1 is primarily due to higher year-over-year realized gold prices.
Newmont Corporation (NEM) Q1 2025 Earnings Call Transcript
Newmont Corporation (NYSE:NEM ) Q1 2025 Earnings Conference Call April 23, 2025 5:30 PM ET Company Participants Tom Palmer - President and CEO Natascha Viljoen - COO Karyn Ovelmen - CFO Conference Call Participants Matthew Murphy - BMO Capital Markets Daniel Morgan - Barrenjoey Tanya Jakusconek - Scotiabank Lawson Winder - Bank of America Hugo Nicolaci - Goldman Sachs Daniel Major - UBS Anita Soni - CIBC Andrew Bowler - Macquarie Al Harvey - JPMorgan Operator Hello and welcome to the Newmont's First Quarter 2025 Earnings Conference Call. All participants will be in a listen-only mode.
Newmont (NEM) Reports Q1 Earnings: What Key Metrics Have to Say
The headline numbers for Newmont (NEM) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Newmont Corporation (NEM) Q1 Earnings and Revenues Top Estimates
Newmont Corporation (NEM) came out with quarterly earnings of $1.25 per share, beating the Zacks Consensus Estimate of $0.84 per share. This compares to earnings of $0.55 per share a year ago.
Newmont Profit, Revenue Jump, Boosted by Gold Surge
The gold miner recorded a profit of $1.9 billion, or $1.68 a share, up from $179 million, or 15 cents a share, a year earlier.
Is Newmont Stock a Smart Buy Before Q1 Earnings Release?
NEM is expected to have benefited from higher gold prices amid cost headwinds in the first quarter.
Newmont: Much Upside Possible Despite Production Pullback
Newmont Corporation (NEM) has surged 48% YTD, mirroring other big gold miners' shares, driven by rising gold prices amid macroeconomic uncertainty. Despite a projected 14% drop in production in 2025, NEM's EPS could still see marginal gains due to share buybacks and higher gold prices. NEM's forward P/E ratios remain below its five-year average, indicating potential for a 25-30% price increase if it reverts to historical multiples.
Why Newmont (NEM) Might be Well Poised for a Surge
Newmont (NEM) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
All You Need to Know About Newmont (NEM) Rating Upgrade to Buy
Newmont (NEM) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Newmont Corporation (NEM) is a Great Momentum Stock: Should You Buy?
Does Newmont Corporation (NEM) have what it takes to be a top stock pick for momentum investors? Let's find out.
NEM or TFPM: Which Is the Better Value Stock Right Now?
Investors interested in stocks from the Mining - Gold sector have probably already heard of Newmont Corporation (NEM) and Triple Flag Precious Metals (TFPM). But which of these two companies is the best option for those looking for undervalued stocks?
