Newmont (NEM) reported third-quarter 2026 adjusted earnings of $2.2 per share, up 28.7% year over year and 13.4% above the Zacks Consensus Estimate of $1.94. Revenue rose 15.2% to $6.36 billion, 5.9% above estimates, as higher realized gold prices offset lower gold volumes. Attributable gold production was about 1.3 million ounces, down 8.5%, while the average realized gold price rose about 22% to $4,317 per ounce. Operating cash flow increased 20.5% to $2.77 billion, and cash and equivalents reached $8.83 billion at the end of September 2026. Newmont kept its 2026 gold production guidance of about 5.26 million ounces and adjusted its cost outlook, while El Niño-related water conditions at Lihir could affect production and costs.
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XAU/USD
▲ Likely positiveRelevance: low
| Market | Gold |
|---|---|
| Close on 10/22/2026 | 4,024.59 |
| Change that session | -2.82% |
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