Newmont Crushes Earnings With Record Free Cash Flow but Guidance Stalls the Rally
Newmont’s (NYSE: NEM) Q4 report can be seen as a test of whether record gold prices could drive margin expansion despite lower production volumes. The company delivered adjusted EPS of $2.52, crushing the $1.97 consensus by 27.9%. Shares traded at $125.40, essentially flat, after the report. The muted reaction suggests investors are digesting a complex ... Newmont Crushes Earnings With Record Free Cash Flow but Guidance Stalls the Rally
Newmont’s (NYSE: NEM) Q4 report can be seen as a test of whether record gold prices could drive margin expansion despite lower production volumes. The company delivered adjusted EPS of $2.52, crushing the $1.97 consensus by 27.9%. Shares traded at $125.40, essentially flat, after the report. The muted reaction suggests investors are digesting a complex ... Newmont Crushes Earnings With Record Free Cash Flow but Guidance Stalls the Rally