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The world's largest gold miner Newmont Corporationâs NEM shares surged 12.5% on Apr 25 after the companyâs first-quarter 2024 earnings surpassed estimates by a huge margin of 57.1%. Its adjusted earnings of 55 cents per share topped the Zacks Consensus Estimate of 35 cents and compared with 40 cents in the prior-year quarter.
This huge beat came across as a sweet surprise for investors as the company failed to meet analystsâ expectations in the past three quarters. NEMâs rev...
>>> Read more: Gold Mining ETFs Shine on Newmont's Huge Q1 Earnings Beat
This huge beat came across as a sweet surprise for investors as the company failed to meet analystsâ expectations in the past three quarters. NEMâs rev...
>>> Read more: Gold Mining ETFs Shine on Newmont's Huge Q1 Earnings Beat