Newmont (NEM) Stock Falls After Beating Earnings but Missing Revenue

TLDR

• Newmont reported Q2 EPS of $2.10, beating the $1.99 estimate, but revenue of $6.1 billion missed the $6.4 billion forecast.
• Record Q2 free cash flow of $2.2 billion was generated, with $1.9 billion returned to shareholders.
• Gold production hit 1.29 million ounces, impacted by an April earthquake at its Cadia mine in Australia.
• All-in sustaining cost of $1,621 per ounce came in below full-year guidance of $1,680 per ounce.
• NEM stock fell around 1% in after-hours trading to $93.45, despite strong operational results.

Newmont (NEM) beat earnings estimates in Q2 2026 but missed on revenue, sending the stock lower in after-hours trading. The gold miner posted EPS of $2.10 against a Wall Street estimate of $1.99, while revenue of $6.1 billion fell short of the expected $6.4 billion.

NEWMONT $NEM Q2’26 EARNINGS HIGHLIGHTS

🔹 Revenue: $6.1B (Est. $6.27B) 🔴; +15% YoY
🔹 Adj. EPS: $2.10 (Est. $1.98) 🟢
🔹 Free Cash Flow: $2.2B (Est. $1.71B) 🟢
🔹 Net Income: $2.2B (Est. $2.07B) 🟢

Affirms FY26 Guide:
🔹 Attributable Gold Production: 5.3 million ounces
🔹 Gold…

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