Newmont Q3 earnings beat expectations: Revenue $5.52B, EPS $1.71, gold production down 4%, avg gold price $3,539 per ounce.

Unusual Whales
2025.10.23 20:46
Newmont Corp (NYSE: NEM) released its third-quarter financial results after markets closed on Thursday. The gold miner reported Q3 revenue of $5.52 billion, surpassing analyst projections of $5.18 billion. Adjusted earnings for the quarter were $1.71 per share, higher than the expected $1.42 per share. Gold production dropped by 4% YoY to around 1.42 million ounces due to decreased gold grades and planned shutdowns. The average realized gold price was $3,539 per ounce. Newmont reported generating $2.6 billion in the quarter. NEM stock is trending. For more details, visit Benzinga.com.
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