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NEM Breaks Gold Miners’ Jinx with Earnings Beat in Second Quarter

Annie Gilroy
NEM Breaks Gold Miners’ Jinx with Earnings Beat in Second Quarter

Newmont Mining (NEM) reported its Q2 2018 earnings on July 26 before the market opened. The company reported earnings per share (or EPS) of $0.26, which beat the consensus expectations by $0.02. Its revenues of $1.66 billion, however, missed expectations by 7%. The miner beat Q1 2018 estimates.