NYSE$NEM

Newmont Mining Corp · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

Newmont's Q2 2021 performance was solid, driven by its world-class portfolio of long-life and responsibly managed assets.

Newmont Corporation announced solid second quarter results, producing 1.4 million attributable ounces of gold and 303 thousand attributable gold equivalent ounces from co-products. The company generated $993 million in cash from continuing operations and $578 million of free cash flow. Newmont declared a second quarter dividend of $0.55 per share and completed $149 million of share repurchases.

  • Produced 1.4 million attributable ounces of gold and 303 thousand attributable gold equivalent ounces from co-products.
  • Reported gold CAS of $755 per ounce and AISC of $1,035 per ounce.
  • Generated $993 million of cash from continuing operations and $578 million of Free Cash Flow.
  • Declared second quarter dividend of $0.55 per share and completed $149 million of share repurchases.

Headline financials

Total Revenue

$3.07B

Previous: $2.37B+29.6%
EPS (adj)

$0.83

Previous: $0.32+159.4%
Attributable Gold Production (Koz)

1.4M

Previous: 1.3M+15.5%
Consolidated Gold Ounces Sold (Thousands)

1.4M

Previous: 1.2M+15.4%
Average Realized Gold Price ($/oz)

$1.82K

Previous: $1.72K+5.7%
Free Cash Flow

$650M

Previous: $344M+89.0%
Net Income

$650M

Previous: $344M+89.0%
Operating Income

-$1.5B

Previous: -$1.27B-17.8%
Gross Profit

-$1.28B

Previous: -$1.06B-21.1%
Cash & Equivalents

$4.58B

Previous: $3.81B+20.4%
Total Assets

$40.7B

Previous: $39.9B+2.0%

Revenue & EPS history

Newmont · Revenue · Quarterly

$3.07B

Q2 2021+29.6%vs Q2 2020
Beat estimate in 9 of 16 quarters(56%)
ActualEstimate

Forward guidance

Newmont's outlook reflects increasing gold production and ongoing investment in its operating assets and most promising growth prospects.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2021

Historical avgQ2 2021

-1.1%

Avg return

Earnings day

-1.6%

Avg return

5 days after

-1.7%

Avg return

30 days after

38%

28 / 73 earnings

Positive

+10.7%

Q1 2024

Best reaction

-16.1%

Q3 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-1.7%-3.1%-3.0%
Q4 2025-3.3%-0.4%-23.6%
Q3 2025-6.3%-10.4%-6.1%
Q2 2025+1.2%+0.8%+15.7%
Q1 2025+4.9%-0.4%+0.9%
Q4 2024-5.7%-9.4%-1.5%
Q3 2024-16.1%-17.6%-26.1%
Q2 2024-2.9%+0.4%+10.6%
Q1 2024+10.7%+5.3%+8.8%
Q4 2023-6.4%-10.7%+1.0%
Q3 2023+6.0%+1.9%+2.3%
Q2 2023-4.4%-3.5%-15.4%
Q1 2023+0.5%+1.9%-13.7%
Q4 2022-1.6%-1.4%+9.8%
Q3 2022-6.6%-3.1%+14.8%
Q2 2022-10.2%-11.9%-12.8%
Q1 2022-5.8%-6.4%-12.8%
Q4 2021-0.5%+1.1%+15.7%
Q3 2021-6.2%-4.9%-2.8%
Q2 2021-0.4%+1.6%-6.6%
Q1 2021-2.8%-0.3%+14.5%
Q4 2020-0.6%-0.3%+8.7%
Q3 2020+7.1%+13.7%-0.3%
Q2 2020+1.9%+3.5%-1.7%
Q1 2020-0.5%+2.9%-10.9%
Q4 2019+7.1%+6.4%-12.2%
Q3 2019-3.2%-5.9%+2.9%
Q2 2019-5.1%-4.0%+0.0%
Q1 2019-2.3%-3.5%-0.9%
Q4 2018+3.1%-1.2%-2.5%
Q3 2018-5.5%-2.4%+2.2%
Q2 2018-1.5%-2.1%-14.5%
Q1 2018+0.3%-3.2%-2.7%
Q4 2017+1.4%+0.7%+1.6%
Q3 2017-2.6%-1.6%-0.2%
Q2 2017+9.0%+9.3%+8.6%
Q1 2017-3.6%-0.9%-1.4%
Q4 2016-2.7%-2.5%-9.2%
Q3 2016-4.9%+1.2%-12.8%
Q2 2016-2.1%-3.0%+6.7%
Q1 2016+4.1%
Q4 2015+1.1%
Q3 2015+6.0%
Q2 2015-6.1%
Q1 2015+9.7%
Q4 2014+3.4%
Q3 2014-9.9%
Q2 2014-0.2%
Q1 2014+2.0%
Q4 2013-1.6%
Q3 2013-7.3%
Q2 2013+0.6%
Q1 2013-3.2%
Q4 2012+0.6%
Q3 2012-10.7%
Q2 2012-2.8%
Q1 2012+0.8%
Q4 2011-3.6%
Q3 2011+4.1%
Q4 2010+4.1%
Q2 2011-4.2%
Q1 2011+0.5%
Q3 2010-3.5%
Q2 2010-0.1%
Q1 2010+4.3%
Q4 2009+6.0%
Q3 2009+4.7%
Q3 2008+4.7%
Q2 2009-0.5%
Q1 2008-4.9%
Q1 2009-4.9%
Q4 2008-4.9%
Q2 2008-4.9%

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