Newmont Brushes Past Estimates
By:
DailyMarkets.com
Posted on April 27, 2012 at 17:03 PM EDT
Newmont Mining Corporation (NYSE:NEM) posted adjusted net earnings of $1.15 per share in the first quarter of 2012, up from the year-ago profit of $1.02 per share. The results edged past the Zacks Consensus Estimate of $1.14 and the company saw its stock record marginal gains in after-hours trading yesterday. Profit from continuing operations, as [...]
Newmont Mining Corporation (NYSE:NEM) posted adjusted net earnings of $1.15 per share in the first quarter of 2012, up from the year-ago profit of $1.02 per share. The results edged past the Zacks Consensus Estimate of $1.14 and the company saw its stock record marginal gains in after-hours trading yesterday.
Profit from continuing operations, as reported, rose 9% year over year to $561 million (or $1.11 a share) from $514 million (or $1.03 a share) a year ago.
Total revenues leapt 9% year over … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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