Newmont(NEM)将于10月22日盘后公布Q3业绩，市场预期EPS 1.94美元、营收62.6亿美元——仅为财报前瞻，无实际业绩

Newmont ( NEM ) is scheduled to announce Q3 earnings results on Thursday, October 22nd, after market close. Wall Street, on average, expects one of the world's leading gold producers to post a quarterly EPS of $1.94 (+13.5% Y/Y) on revenue of $6.26B (+13.4% Y/Y). Newmont posted a beat-and-raise Q2 adjusted EPS of $2.10 on $6.12B in revenue (+15% Y/Y). Despite lower quarter-over-quarter gold prices ($4,414/oz) and reduced output (1.29M oz) from temporary operational hurdles, the miner reaffirmed its full-year output target of 5.3M oz. “Despite a hawkish Fed and higher oil prices, structural drivers like fiscal deficits and long-term rates support gold's resilience and NEM's investment case. Recent settlement with Barrick over Nevada Gold Mines is viewed as favorable for NEM, enhancing its asset base at a perceived discount,” pointed out a recent Seeking Alpha analysis. Over the last 2 years, NEM has beaten EPS estimates 88% of the time and has beaten revenue estimates 63% of the time. Over the last 3 months, EPS estimates have seen 4 upward revisions and 4 downward. Revenue estimates have seen 2 upward revisions and 4 downward. Since the start of the year, NEM shares have risen nearly 17%, compared to the 13% rise in the broader S&P 500 index ( SP500 ). Seeking Alpha's Quant recommended the stock as a Hold while the Wall Street analysts see the company as a Buy.