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Newmont earnings, cash flow, and analyst outlook updates
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2026-07-26 09:54 UTC → 2026-08-10 05:23 UTC ·
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Newmont earnings, cash flow, and stake analyst outlook updates
On 22 July 2026, Newmont Corp. posted reported quarterly earnings of $2.10 per share, beating analysts’ expectations exceeding the consensus estimate of $1.99. While the company posted a net margin of 33.87% and highlighting strong profitability. a return on equity of 27.84%, its shares saw a slight midday decline to $94.57. Analysts kept maintained a moderate‑buy moderate-buy consensus, with price targets ranging between $125 and $175, though some institutions, such as Weiss Ratings and the stock traded near $94. Two days later, on Royal Bank of Canada, lowered their recommendations or price targets. By 24 July 2026, Wall Street Zen and several other analysts downgraded the company from “buy” to “hold” and trimmed price targets, while a few raised theirs modestly. The earnings release confirmed the $2.10 EPS figure and revealed record free‑cash flow, but the firm cited “hold,” citing headwinds from lower gold prices, higher energy costs costs, and geopolitical tensions. Management Despite these concerns, Newmont reported record free cash flow for the quarter and reaffirmed its 2026 guidance despite the downgrade. Also on 24 July, targets, including $8.5 billion in free cash flow and continued EPS growth. Additionally, Epoch Investment Partners filed disclosed a Form 13F showing it had acquired roughly new position of approximately 67,900 Newmont shares (about valued at $7.35 million), million, joining other large major holders such as like Vanguard and State Street. The company reiterated On 9 August 2026, Zacks Research lowered its Q3 2026 free‑cash‑flow target EPS estimate to $1.92 from a previous forecast of $8.5 $2.19. This shift follows a Q2 performance where, despite an earnings beat, revenue of $6.12 billion fell below expectations. While operational disruptions at Cadia and continued EPS growth expectations, emphasizing confidence in its outlook despite rising unit costs persist, technical analysis indicates a potential bullish pattern following a 20% weekly gain, with analysts watching for a breakout above the recent analyst sentiment shift. $118-$120 range.
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- 2026-08-10 05:23 UTC Newmont earnings, cash flow, and analyst outlook updates
- 2026-07-26 09:54 UTC Newmont earnings, cash flow, and stake updates
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