Newmont Mining (NYSE: NEM ) is expected to report Q4 earnings around Jan. 17. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Newmont Mining's revenues will grow 0.5% and EPS will drop -8.5%.
The average estimate for revenue is $2.78 billion. On the bottom line, the average EPS estimate is $1.07.
Last quarter, Newmont Mining reported revenue of $2.48 billion. GAAP reported sales were 9.6% lower than the prior-year quarter's $2.74 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.85. GAAP EPS of $0.74 for Q3 were 24% lower than the prior-year quarter's $0.98 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 55.4%, 760 basis points worse than the prior-year quarter. Operating margin was 31.5%, 1,140 basis points worse than the prior-year quarter. Net margin was 14.8%, 320 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $10.17 billion. The average EPS estimate is $3.66.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 1,162 members out of 1,248 rating the stock outperform, and 86 members rating it underperform. Among 261 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 243 give Newmont Mining a green thumbs-up, and 18 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Newmont Mining is outperform, with an average price target of $62.03.
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