Newmont Announces Third Quarter 2018 Results
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Newmont Mining (NEM) Tops Q3 EPS by 3c, Revenues Miss
October 25, 2018 7:09 AM EDTNewmont Mining (NYSE: NEM) reported Q3 EPS of $0.33, $0.03 better than the analyst estimate of $0.30. Revenue for the quarter came in at $1.73 billion versus the consensus estimate of $1.86 billion.
Net income (loss): Delivered GAAP net income (loss) from continuing operations attributable to stockholders of $(161) million or $(0.31) per diluted share; delivered adjusted net income1 of $175 million or $0.33 per diluted share, down $0.01 compared to the prior year quarterEBITDA: Generated $636 million in adjusted EBITDA2, down $20 million from the prior year quarterCash flow: Reported consolidated cash flow... More