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Stock impact report

Is Newmont Stock a Smart Buy Before Q1 Earnings Release? [Yahoo! Finance]

Newmont Corporation (NEM) 
Last newmont corporation earnings: 2/20 06:55 am Check Earnings Report
Company Research Source: Yahoo! Finance
The mining giant is expected to have benefited from higher gold prices in the first quarter amid cost headwinds. The Zacks Consensus Estimate for first-quarter earnings has been revised upward in the past 60 days. The consensus estimate for earnings is pegged at 84 cents per share, suggesting a 52.7% year-over-year rise. The Zacks Consensus Estimate for first-quarter revenues currently stands at $4.54 billion, indicating a roughly 13% increase from the year-ago quarter. Image Source: Zacks Investment Research NEM beat the Zacks Consensus Estimate for earnings in three of the last four quarters and missed once. It has a trailing four-quarter earnings surprise of 34.5% on average. Image Source: Zacks Investment Research Our proven model does not conclusively predict an earnings beat for NEM this season. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. But that's not the case here. You ca Show less Read more
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