— 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
Novavax (NVAX) tops Q2 2020 bottom line targets, misses revenue views
Novavax (NASDAQ: NVAX) reported a loss of $17.5 million or $0.30 per share for the second quarter of 2020. Revenue jumped to $35.54 million in Q2 from $3.36 million in
Tilray Q2 loss widens despite revenue growth; results miss
https://www.youtube.com/watch?v=KqNZ-_X4F8k&t=2s Cannabis company Tilray, Inc. (NASDAQ: TLRY) Monday reported a wider net loss for the second quarter of 2020, despite a marked increase in revenues. Revenues of the Canada-based company
Infographic: Duke Energy Q2 2020 Earnings Results
Duke Energy (NYSE: DUK) reported second-quarter financial results before the market opened on Monday. The energy holding company surpassed earnings expectations by 5 cents per share during the quarter. DUK