DENVER (AP) — DENVER (AP) — Newmont Corporation (NEM) on Thursday reported fourth-quarter earnings of $1.3 billion.
On a per-share basis, the Denver-based company said it had profit of $1.19. Earnings, adjusted for non-recurring costs, were $2.52 per share.
The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $2.03 per share.
The gold and copper miner posted revenue of $6.82 billion in the period, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $6.06 billion.
For the year, the company reported profit of $7.09 billion, or $6.39 per share. Revenue was reported as $22.67 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
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