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Newmont Mining Corp. Q1 adjusted earnings of $0.74 per share

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(RTTNews) – Newmont Mining Corp. (NEM) announced earnings for first quarter that declined from the same period last year.



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The company’s bottom line totaled $538 million, or $0.70 per share. This compares with $837 million, or $1.02 per share, in last year’s first quarter.

Excluding items, Newmont Mining Corp. reported adjusted earnings of $594 million or $0.74 per share for the period.

The company’s revenue for the quarter rose 11.2% to $2.87 billion from $2.58 billion last year.

Newmont Mining Corp. earnings at a glance:



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-Earnings (Q1): $594 Mln. vs. $326 Mln. last year. -EPS (Q1): $0.74 vs. $0.40 last year. -Revenue (Q1): $2.87 Bln vs. $2.58 Bln last year.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.



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