Zacks Advises Selling Newmont Stock Ahead of Q2 Earnings

Earnings
โดย Zacks Investment Research·Read original
Summary · why it matters

Zacks Investment Research recommends selling Newmont Corporation shares before its second-quarter 2026 earnings release on July 23. The firm expects lower production, softer realized gold prices, and higher all-in sustaining costs to weigh on results, with the consensus earnings estimate at $2.07 per share on revenues of $6.19 billion. Newmont's attributable gold production is forecast at 1.23 million ounces, down 10.9% year-over-year, while the average realized gold price is estimated at $4,774 per ounce, a 2.5% sequential decline. Zacks notes that Newmont carries an Earnings ESP of -10.65% and a Zacks Rank #4 (Sell), and its model does not predict an earnings beat this quarter.

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Critical Materials & Supply Chain · 3 stocks
Newmont Goldcorp Corp
NEM
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Zacks recommends selling before Q2 earnings due to expected lower production, softer gold prices, and higher costs.

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