— Newmont Corporation (NYSE: NEM) reported Q4 2019 earnings of $0.50 per share, vs. $0.47 expected.
— Revenues grew 45% to $2.96 billion, vs. $2.93 billion expected.
— Average realized gold price increased 20% to $1,478 per ounce.
— Gold costs applicable to sales (CAS) increased 19% to $1.25 billion.
— Gold all-in sustaining costs (AISC) rose 12% to $946 per ounce.
— Attributable gold production increased 27% to 1.83 million ounces.
— FY2020 attributable gold production is expected to be 6.4 million ounces.
— FY2020 gold CAS is expected to be $750 per ounce.
— FY2020 gold AISC is expected to be $975 per ounce.
— NEM shares were up 0.82% in premarket hours on Thursday.
Get access to timely and accurate verbatim transcripts that are published within hours of the event.
Most Popular
CL Earnings: Key quarterly highlights from Colgate-Palmolive’s Q2 2024 financial results
Colgate-Palmolive Company (NYSE: CL) reported its second quarter 2024 earnings results today. Net sales increased 4.9% year-over-year to $5 billion. Organic sales increased 9%. Net income attributable to Colgate-Palmolive Company was $731
Key takeaways from Visa’s Q3 2024 earnings report
Credit card behemoth Visa, Inc. (NYSE: V) this week reported mixed results for the June quarter, with earnings matching expectations and sales slightly missing the view. Both numbers grew in
Southwest Airlines (LUV): A look at the airline’s performance in Q2 2024
Shares of Southwest Airlines Co. (NYSE: LUV) were up over 6% on Thursday after the company beat earnings estimates for the second quarter of 2024. The stock has gained 4%
