Newmont Future Growth

Future criteria checks 4/6

Newmont is forecast to grow earnings and revenue by 44.2% and 10.2% per annum respectively. EPS is expected to grow by 47.7% per annum. Return on equity is forecast to be 9.1% in 3 years.

Key information

44.2%

Earnings growth rate

47.7%

EPS growth rate

Metals and Mining earnings growth	15.5%
Revenue growth rate	10.2%
Future return on equity	9.1%
Analyst coverage	Good
Last updated	18 Apr 2024

Recent future growth updates

Recent updates

Newmont Corporation's (NYSE:NEM) Popularity With Investors Is Under Threat From Overpricing

Jan 26

Buy The Plunge In Newmont: Get Gold Exposure And A Near 5% Yield

Jan 22

Global Leader In Gold Seeks To Dig Out Copper Niche

Jan 09

Is Newmont (NYSE:NEM) A Risky Investment?

Jan 04

Gold Is My Highest Conviction Pick For 2024: Consider Newmont Stock

Jan 02

Newmont Corporation's (NYSE:NEM) Intrinsic Value Is Potentially 44% Above Its Share Price

Dec 14

Newmont: Brighter Macro Conditions, Better Technical Factors Warrant An Upgrade

Nov 27

Newmont: An Opportunity To Buy At The Deepest Discount In Years

Oct 26

These 4 Measures Indicate That Newmont (NYSE:NEM) Is Using Debt Reasonably Well

Oct 06

Earnings and Revenue Growth Forecasts

NYSE:NEM - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	17,964	3,016	3,266	6,467	12
12/31/2025	17,782	3,203	2,993	6,078	17
12/31/2024	16,496	2,495	1,774	4,817	17
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	901	1,893	N/A
3/31/2018	7,506	24	1,099	2,016	N/A
12/31/2017	7,379	-76	1,258	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
9/30/2013	8,702	-755	N/A	2,003	N/A
6/30/2013	9,162	-774	N/A	2,137	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: NEM is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.3%).

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

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

Revenue vs Market: NEM's revenue (10.2% per year) is forecast to grow faster than the US market (8.1% per year).

High Growth Revenue: NEM's revenue (10.2% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: NEM's Return on Equity is forecast to be low in 3 years time (9.1%).

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Newmont Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Newmont Corporation Provides Production Guidance for the Full Year of 2024

Newmont Corporation Provides Production Guidance for the Full Year of 2024

Newmont Corporation Provides Production Guidance for the Full Year 2023

Recent updates

Newmont: Why I Disagree With The Crowd

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

Calculating The Intrinsic Value Of Newmont Corporation (NYSE:NEM)

Why Newmont Stock Is A Strong Golden Pick

Newmont: I Am Adding This 3% Yielding Miner To My Portfolio

Newmont Corporation, Annual General Meeting, Apr 24, 2024

Looking For A Spark: Newmont Corporation (Technical Analysis)

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.

Fourth quarter dividend of US$0.25 announced

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 Q4 Results: Don't Miss The Forest For The Trees

Newmont Corporation Provides Production Guidance for the Full Year of 2024

Newmont: Asymmetric Risk/Reward Makes It A Strong Buy Here

Newmont Corporation's (NYSE:NEM) Popularity With Investors Is Under Threat From Overpricing

Newmont Corporation Appoints Peter Wexler as Chief Legal Officer

Buy The Plunge In Newmont: Get Gold Exposure And A Near 5% Yield

Newmont Corporation to Report Fiscal Year 2023 Results on Feb 22, 2024

Global Leader In Gold Seeks To Dig Out Copper Niche

Is Newmont (NYSE:NEM) A Risky Investment?

Gold Is My Highest Conviction Pick For 2024: Consider Newmont Stock

Newmont Corporation Declares Dividend for the Quarter Ended September 30, 2023, Payable on December 22, 2023

Newmont Corporation's (NYSE:NEM) Intrinsic Value Is Potentially 44% Above Its Share Price

Newmont: Brighter Macro Conditions, Better Technical Factors Warrant An Upgrade

Upcoming dividend of US$0.40 per share at 4.4% yield

Newmont Corporation(ASX:NEM) dropped from S&P/ASX All Ordinaries Index

New minor risk - Shareholder dilution

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

Newmont Corporation Provides Production Guidance for the Full Year 2023

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

Newmont: An Opportunity To Buy At The Deepest Discount In Years

Newmont Corporation (NYSE:NEM) completed the acquisition of Newcrest Mining Limited (ASX:NCM) from State Street Corporation (NYSE:STT), BlackRock, Inc. (NYSE:BLK), The Vanguard Group, Inc., Allan Gray Australia Pty Ltd. and others.

Newmont Corporation (NYSE:NEM) completed the acquisition of Newcrest Mining Limited (ASX:NCM) from State Street Corporation (NYSE:STT), BlackRock, Inc. (NYSE:BLK), The Vanguard Group, Inc., Allan Gray Australia Pty Ltd. and others.

These 4 Measures Indicate That Newmont (NYSE:NEM) Is Using Debt Reasonably Well

Royal Canadian Mint Introduces A New Single Mine Gold Maple Leaf Bullion Coin in Partnership with Newmont

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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