Newmont Goldcorp Corpexpected Q2 EPS up 53.9%, driven by record gold prices, with strong analyst ratings and upside
Newmont Corporation is expected to report fiscal second-quarter earnings per share of $2.20, a 53.9% increase from $1.43 in the year-ago quarter. The world's leading gold company has consistently surpassed Wall Street's EPS estimates in its last four quarterly reports. For the full year, analysts expect EPS of $9.91, up 43.8% from $6.89 in fiscal 2025, with further growth to $10.77 in fiscal 2027. Newmont's recent earnings beat was driven by record gold prices, with realized prices surging to $4,900 per ounce, offsetting a decline in attributable production to 1.3 million ounces. The stock has gained 60.3% over the past 52 weeks, outperforming the S&P 500's 20.9% gain, and analysts rate it a Strong Buy with an average price target of $140.57, implying a potential upside of 50.5%.
Newmont Goldcorp Corpexpected Q2 EPS up 53.9%, driven by record gold prices, with strong analyst ratings and upside
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