DENVER (AP) — DENVER (AP) — Newmont Corporation (NEM) on Thursday reported third-quarter profit of $1.83 billion.
On a per-share basis, the Denver-based company said it had profit of $1.67. Earnings, adjusted for non-recurring costs, were $1.71 per share.
The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.29 per share.
The gold and copper miner posted revenue of $5.52 billion in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $4.97 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
