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Newmont Beats Third-Quarter Profit Estimates

Newmont earned adjusted third-quarter profit of $2.20 per share, versus analysts’ average estimate of $2.05, as higher bullion prices benefited the gold miner.

NEM

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08:12:37 PM UTC
SquawkNews
Newmont 3Q Adj EPS $2.20 >NEM

Newmont NYSE:NEM beat analysts' estimate for third-quarter profit on Thursday, as the world's biggest gold miner benefited from higher bullion prices.On an adjusted basis, the company earned $2.20 per share for the quarter ended September 30, compared with analysts' average estimate of $2.05 per sh…