Valued at a market cap of $65.5 billion, Newmont Corporation (NEM) is one of the world's largest producers of gold, with major mining operations in regions including Nevada, Peru, Australia, and Ghana. The Denver, Colorado-based company also explores and produces other metals such as copper, silver, zinc, and lead, making it a key player in the global mining industry. It is expected to announce its fiscal Q2 earnings for 2025 after the market closes on Thursday, Jul. 24.
Ahead of this event, analysts expect this gold producer to report a profit of $1.01 per share, up 40.3% from $0.72 per share in the year-ago quarter. The company has surpassed Wall Street’s bottom-line estimates in three of the last four quarters, while missing on another occasion. In Q1, NEM’s EPS of $1.25 outpaced the forecasted figure by a notable margin of 48.8%.
