Newmont Corporation (NEM), headquartered in Denver, Colorado, acquires, explores, and develops mineral properties. Valued at $61.1 billion by market cap, the company produces and markets gold, copper, silver, zinc, and lead. The world’s leading gold company is expected to announce its fiscal third-quarter earnings for 2024 after the market closes on Wednesday, Oct. 23.
Ahead of the event, analysts expect NEM to report a profit of $0.78 per share on a diluted basis, up 116.7% from $0.36 per share in the year-ago quarter. The company beat the consensus estimates in two of the last four quarters while missing the forecast on two other occasions.
