Loading ...Newmont Corporation NEM is scheduled to report third-quarter 2023 results before the opening bell on Oct 26.
The gold miner missed the Zacks Consensus Estimate in three of the trailing four quarters while beating it once. For this timeframe, the company delivered a negative earnings surprise of roughly 1.9%, on average. Newmont posted a negative earnings surprise of 15.4% in the last reported quarter. The company’s third-quarter results are expected to reflect improved grades across a number of mines. Lower costs are also likely to have aided its performance. However, weaker gold prices might have impacted its results.