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Newmont Posts Higher Q2 Adjusted Earnings, Revenue

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Newmont (ASX:NEM) reported Friday second quarter adjusted net income of $2.10 per share, up from $1.43 a year earlier.

Analysts polled by FactSet expected earnings of $1.99.

Revenue for the three months ended June 30 was $6.12 billion, compared with $5.32 billion a year earlier. Analysts surveyed by FactSet expected $6.36 billion.

The company said it remains on track to meet its 2026 total attributable gold production guidance of 5.3 million ounces at an all-in sustaining cost of $1,680 per ounce.

The board declared a quarterly dividend of $0.26 per share, up from $0.25 a year earlier, payable Sept. 28 to shareholders on record as of Sept. 3.

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