Newmont Future Growth
Future criteria checks 4/6
Newmont is forecast to grow earnings and revenue by 45.6% and 8.9% per annum respectively. EPS is expected to grow by 47.1% per annum. Return on equity is forecast to be 11.2% in 3 years.
Key information
45.6%
Earnings growth rate
47.1%
EPS growth rate
| Metals and Mining earnings growth | 21.2% |
| Revenue growth rate | 8.9% |
| Future return on equity | 11.2% |
| Analyst coverage | Good |
| Last updated | 03 Jun 2024 |
Recent future growth updates
Recent updates
Newmont: Recent M&A Pushes Reserves To Record Highs
Jun 02Newmont: Optimism Priced In (Rating Downgrade)
May 16What Newmont Corporation's (NYSE:NEM) P/S Is Not Telling You
May 14
Newmont Is Too Cheap To Ignore
May 07Newmont Q1 Earnings: A Solid Buy-The-Dip Candidate
Apr 25Newmont: Why I Disagree With The Crowd
Apr 18Calculating The Intrinsic Value Of Newmont Corporation (NYSE:NEM)
Apr 10Why Newmont Stock Is A Strong Golden Pick
Apr 08Newmont: I Am Adding This 3% Yielding Miner To My Portfolio
Mar 18Looking For A Spark: Newmont Corporation (Technical Analysis)
Mar 08Newmont Q4 Results: Don't Miss The Forest For The Trees
Feb 22Newmont: Asymmetric Risk/Reward Makes It A Strong Buy Here
Feb 10Newmont Corporation's (NYSE:NEM) Popularity With Investors Is Under Threat From Overpricing
Jan 26Buy The Plunge In Newmont: Get Gold Exposure And A Near 5% Yield
Jan 22Global Leader In Gold Seeks To Dig Out Copper Niche
Jan 09Is Newmont (NYSE:NEM) A Risky Investment?
Jan 04Gold Is My Highest Conviction Pick For 2024: Consider Newmont Stock
Jan 02Newmont Corporation's (NYSE:NEM) Intrinsic Value Is Potentially 44% Above Its Share Price
Dec 14Newmont: Brighter Macro Conditions, Better Technical Factors Warrant An Upgrade
Nov 27Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 18,959 | 3,671 | 3,455 | 6,639 | 11 |
| 12/31/2025 | 18,946 | 3,727 | 2,812 | 6,109 | 15 |
| 12/31/2024 | 17,485 | 2,645 | 1,762 | 4,768 | 13 |
| 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 | 901 | 1,893 | N/A |
| 3/31/2018 | 7,506 | 24 | 1,099 | 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 |
| 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 (2.4%).
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 (8.9% per year) is forecast to grow faster than the US market (8.4% per year).
High Growth Revenue: NEM's revenue (8.9% 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 (11.2%).