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Newmont Mining Corp. (NEM) reported earnings for its fourth quarter that rose from the same period last year.


RTTNews | Feb 18, 2021 07:29AM EST

07:28 Thursday, February 18, 2021 (RTTNews.com) - Newmont Mining Corp. (NEM) reported earnings for its fourth quarter that rose from the same period last year.

The company's profit totaled $824 million, or $1.02 per share. This compares with $565 million, or $0.69 per share, in last year's fourth quarter.

Excluding items, Newmont Mining Corp. reported adjusted earnings of $856 million or $1.06 per share for the period.

Analysts had expected the company to earn $0.95 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 13.8% to $3.38 billion from $2.97 billion last year.

Newmont Mining Corp. earnings at a glance:

-Earnings (Q4): $856 Mln. vs. $410 Mln. last year.-EPS (Q4): $1.06 vs. $0.50 last year.-Analysts Estimate: $0.95-Revenue (Q4): $3.38 Bln vs. $2.97 Bln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3170825/newmont-mining-corp-q4-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

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