Newmont Corporation (NEM), headquartered in Denver, Colorado, is a leading gold mining company in the U.S. With a market cap of $48 billion, Newmont plays a crucial role in the global mining industry, producing gold, copper, silver, zinc, and lead. The company is expected to announce its fiscal Q2 earnings for 2024 on Thursday, July 18.
Ahead of the event, analysts expect Newmont to report a profit of $0.52 per share, a 57.6% jump from $0.33 per share in the year-ago quarter. However, the company has surpassed Wall Street’s bottom-line estimates in just one of the last four quarters while missing on three occasions.
