Newmont: Q2 Earnings Snapshot

DENVER (AP) — DENVER (AP) — Newmont Corporation (NEM) on Thursday reported second-quarter earnings of $2.06 billion.

On a per-share basis, the Denver-based company said it had net income of $1.85. Earnings, adjusted for one-time gains and costs, came to $1.43 per share.

The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.04 per share.

The gold and copper miner posted revenue of $5.32 billion in the period, also beating Street forecasts. Three analysts surveyed by Zacks expected $4.58 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NEM at https://www.zacks.com/ap/NEM