Newmont Future Growth

Future criteria checks 4/6

Newmont is forecast to grow earnings and revenue by 36.6% and 5.3% per annum respectively. EPS is expected to grow by 37.3% per annum. Return on equity is forecast to be 15% in 3 years.

Key information

36.6%

Earnings growth rate

37.3%

EPS growth rate

Metals and Mining earnings growth	28.3%
Revenue growth rate	5.3%
Future return on equity	15.0%
Analyst coverage	Good
Last updated	19 Nov 2024

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

WBAG:NEWM - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	20,542	4,807	4,277	7,029	12
12/31/2025	19,836	4,570	3,578	6,828	16
12/31/2024	18,386	3,225	2,362	5,715	16
9/30/2024	16,987	-1,293	1,021	4,468	N/A
6/30/2024	14,875	-2,009	649	3,823	N/A
3/31/2024	13,156	-2,694	68	3,058	N/A
12/31/2023	11,812	-2,521	97	2,763	N/A
9/30/2023	11,055	-839	765	3,157	N/A
6/30/2023	11,196	-778	310	2,627	N/A
3/31/2023	11,571	-552	787	3,007	N/A
12/31/2022	11,915	-459	1,089	3,220	N/A
9/30/2022	12,105	968	1,583	3,509	N/A
6/30/2022	12,366	742	2,385	4,180	N/A
3/31/2022	12,373	1,003	2,441	4,132	N/A
12/31/2021	12,222	1,109	2,626	4,279	N/A
9/30/2021	12,213	1,976	3,056	4,666	N/A
6/30/2021	12,488	2,595	3,610	5,118	N/A
3/31/2021	11,788	2,367	3,414	4,787	N/A
12/31/2020	11,497	2,666	3,580	4,882	N/A
9/30/2020	11,083	2,397	3,067	4,401	N/A
6/30/2020	10,626	4,012	2,130	3,596	N/A
3/31/2020	10,518	3,601	1,665	3,231	N/A
12/31/2019	9,740	2,877	1,403	2,866	N/A
9/30/2019	8,821	2,337	1,099	2,401	N/A
6/30/2019	7,834	-50	887	2,035	N/A
3/31/2019	7,239	223	1,109	2,135	N/A
12/31/2018	7,253	280	795	1,827	N/A
9/30/2018	7,140	-266	760	1,832	N/A
6/30/2018	7,293	108	N/A	1,893	N/A
3/31/2018	7,506	24	N/A	2,016	N/A
12/31/2017	7,379	-76	N/A	2,124	N/A
9/30/2017	7,233	82	N/A	2,012	N/A
6/30/2017	7,145	38	N/A	2,382	N/A
3/31/2017	6,939	-138	N/A	2,637	N/A
12/31/2016	6,680	-226	N/A	2,283	N/A
9/30/2016	6,374	-105	N/A	2,431	N/A
6/30/2016	6,143	-115	N/A	2,385	N/A
3/31/2016	5,575	-188	N/A	2,046	N/A
12/31/2015	6,085	-1	N/A	2,145	N/A
9/30/2015	6,650	314	N/A	2,432	N/A
6/30/2015	6,836	365	N/A	1,946	N/A
3/31/2015	7,500	606	N/A	1,883	N/A
12/31/2014	6,819	650	N/A	1,438	N/A
9/30/2014	7,463	-686	N/A	1,261	N/A
6/30/2014	7,737	-477	N/A	1,377	N/A
3/31/2014	7,990	-2,792	N/A	1,290	N/A
12/31/2013	8,414	-2,595	N/A	1,543	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: NEWM is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.4%).

Earnings vs Market: NEWM is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: NEWM is expected to become profitable in the next 3 years.

Revenue vs Market: NEWM's revenue (5.3% per year) is forecast to grow faster than the Austrian market (0.7% per year).

High Growth Revenue: NEWM's revenue (5.3% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: NEWM's Return on Equity is forecast to be low in 3 years time (15%).

Newmont Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Newmont Corporation Provides Production Guidance for the Fourth Quarter of 2024

Newmont Corporation Provides Production Guidance for the Full Year of 2024

Recent updates

Upcoming dividend of US$0.25 per share

Now 20% undervalued after recent price drop

Third quarter dividend of US$0.25 announced

Newmont Corporation Provides Production Guidance for the Fourth Quarter of 2024

Third quarter 2024 earnings released: EPS: US$0.76 (vs US$0.20 in 3Q 2023)

Orosur Mining Inc. (TSXV:OMI) completed the acquisition of the remaining 51% stake in Anzá Project in Colombia from Newmont Corporation (NYSE:NEM) and Agnico Eagle Mines Limited (NYSE:AEM).

Zijin Mining Group Company Limited (SEHK:2899) entered into a definitive agreement to acquire Newmont Golden Ridge Limited from Newmont Corporation (NYSE:NEM) for $1 billion.

Newmont Corporation to Report Q3, 2024 Results on Oct 23, 2024

Greatland-Newmont in Talks over Telfer

Upcoming dividend of US$0.25 per share

Now 22% overvalued after recent price rise

Second quarter dividend of US$0.25 announced

Second quarter 2024 earnings released: EPS: US$0.73 (vs US$0.19 in 2Q 2023)

Newmont Corporation Declares Dividend for the Second Quarter Ended June 30, 2024, Payable on September 30, 2024

Newmont Corporation to Report Q2, 2024 Results on Jul 24, 2024

Newmont Corporation Appoints Harry M. Conger to its Board of Directors and Safety and Sustainability Committee

Now 21% undervalued

Upcoming dividend of US$0.25 per share

Now 21% undervalued

Now 22% undervalued

First quarter dividend of US$0.25 announced

First quarter 2024 earnings released: EPS: US$0.14 (vs US$0.43 in 1Q 2023)

Newmont Corporation Appoints Francois Hardy as Chief Technology Officer , Effective May 1, 2024

Newmont Corporation to Report Q1, 2024 Results on Apr 25, 2024

Newmont Corporation, Annual General Meeting, Apr 24, 2024

Fury Gold Mines Limited (TSX:FURY) completed the acquisition of 10.98% stake in Sirios Resources Inc. (TSXV:SOI) from Newmont Corporation (NYSE:NEM) and Goldcorp Incorporated.

Fury Gold Mines Limited (TSX:FURY) has entered into an agreement to acquire remaining 49.978% stake in Éléonore South Gold Project from Newmont Corporation (NYSE:NEM) for CAD 3 million.

Upcoming dividend of US$0.25 per share

Fourth quarter dividend of US$0.25 announced

Now 20% undervalued after recent price drop

Newmont Corporation (NYSE:NEM) announces an Equity Buyback for $1,000 million worth of its shares.

Newmont Corporation Provides Production Guidance for the Full Year of 2024

Newmont Corporation Appoints Peter Wexler as Chief Legal Officer

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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