Gold producer Newmont Mining Corp. (NEM) Monday reported first-quarter net income attributable to Newmont stockholders of $315 million or $0.63 per share, compared to $490 million or $0.97 per share in the comparable quarter last year.
Excluding items, adjusted earnings for the quarter were $354 million or $0.71 per share, compared with $578 million or $1.15 per share in the previous year quarter. On average, 18 analysts polled by Thomson Reuters estimated earnings of $0.77 per share for the quarter. Analysts' estimates typically exclude special items.
Sales for the latest first quarter were $2.18 billion, down from $2.68 billion in the year-ago period, while eight analysts had consensus revenue estimate of $2.27 billion for the quarter.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.