Newmont: Q3 Earnings Snapshot

DENVER (AP) — DENVER (AP) — Newmont Corporation (NEM) on Thursday reported third-quarter profit of $2.48 billion.

The Denver-based company said it had profit of $2.35 per share. Earnings, adjusted for non-recurring gains, came to $2.20 per share.

The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.94 per share.

The gold and copper miner posted revenue of $6.36 billion in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $6.01 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NEM at https://www.zacks.com/ap/NEM