Newmont Corporation Q3 Profit Rises

Newmont reported 3Q 2026 revenue of $6.36B, up 15.2% YoY, driven by higher gold and silver prices despite lower production. Net income rose 35.1% to $2.48B, with EPS up 40.7% to $2.35. Production declines were noted at several mines, with expansions planned at others.

Newmont (NEM) stock rose 1.4% after hours after Q3 earnings beat estimates, with adjusted EPS of $2.20 and revenue of $6.36B. The company also reported $1.9B in free cash flow and reaffirmed 2026 production guidance. Despite a 4% intraday drop due to a downgrade from Freedom Broker, positive analyst targets from Citigroup and Bernstein supported the after-hours recovery.

Newmont reported Q3 earnings of $2.20 per share, exceeding estimates of $2.05. The company benefited from higher gold prices, averaging US$4.317 per ounce, up 17.6% YoY. However, gold production decreased to 1.30 million ounces from 1.42 million ounces a year earlier, according to the company.

Newmont Corporation (NEM) reported Q3 profit of $2.48B, or $2.35 per share, and adjusted earnings of $2.20 per share, exceeding analyst expectations of $1.94 per share. Revenue was $6.36B, surpassing forecasts of $6.01B.

Newmont reported Q3 2026 sales of $6.36B, net income of $2.48B, and adjusted EPS of $2.20. Free cash flow was $1.91B. The company maintained full-year gold production guidance and improved cost outlook. Gold production was 1.30M ounces, with copper and silver by-products. Tanami Expansion 2 shaft construction completed, with commercial production expected in early 2027.

NEWMONT Corp /DE/ (NEM) filed an SEC Form 8-K — Results of Operations and Financial Condition. NYSE: NEM, ASX: NEM, PNGX: NEM EXHIBIT 99.1 Newmont Reports Third Quarter 2026 Results with Record Third Quarter Adjusted Net Income; Positioned to Achieve Full-Year Guidance; Provides Update on Red Chris Block Cave Project DENVER, October 22, 2026 – Newmont Corporation (NYSE: NE