Denver, Colorado-based Newmont Corporation (NEM) is a mining company. It produces and explores gold, copper, silver, zinc, and lead with a primary focus on gold. With a market cap of $94.4 billion, Newmont’s operations span the Americas, Caribbean, Africa, and the Indo-Pacific.
The mining giant is gearing up to announce its third-quarter results after the markets close on Thursday, Oct. 23. Ahead of the event, analysts expect Newmont to report a profit of $1.27 per share, up 56.8% from $0.81 per share reported in the year-ago quarter. The company has a mixed earnings surprise history. While it has surpassed the Street’s bottom-line estimates thrice over the past four quarters, it missed the projections on one other occasion.
