Newmont earnings for the third quarter of 2026 are scheduled for release after North American markets close on October 22. Ahead of the announcement, analysts forecast earnings per share of $1.94 and revenue of $6.26 billion, both higher than a year earlier.
Key Takeaways
- Analysts expect EPS growth of 13.5% and revenue growth of 13.4% year over year.
- Newmont reported adjusted diluted EPS of $2.10 in the second quarter.
- The company’s full-year production target is 5.3 million attributable gold ounces.
Table of Contents
- Newmont earnings expectations point to annual growth
- Production target follows a disrupted second quarter
- Gold prices and costs frame the operating comparison
- Conclusion
Newmont earnings expectations point to annual growth
The third-quarter forecasts represent analyst expectations, not reported results or management guidance. The projected revenue of $6.26 billion compares with second-quarter revenue of $6.12 billion.
Newmont’s third-quarter results schedule confirms an October 22 release after North American markets close, followed by a conference call at 5:30 p.m. Eastern Daylight Time. For Australian participants, the call begins at 8:30 a.m. Australian Eastern Daylight Time on October 23.
| Item | Details |
|---|---|
| Q2 2026 operating cash flow | $2.9 billion |
| Cash at June 30, 2026 | $9.0 billion |
| Total liquidity at June 30, 2026 | $13.0 billion, including $4.0 billion available on a revolving credit facility |
Production target follows a disrupted second quarter
In its July 23 results announcement, Newmont said it remained on track to produce 5.3 million attributable gold ounces in 2026. Second-quarter production was approximately 1.3 million ounces.
Production at Cadia was affected by seismic events, while planned mine sequencing reduced grades at Ahafo South, Peñasquito and Yanacocha. Newmont said Cadia operations returned to normal levels by mid-June.
The third-quarter update will provide the next reported measure of production following that recovery. The annual target remains guidance rather than completed output.
Gold prices and costs frame the operating comparison
Newmont’s average realized gold price fell to $4,414 an ounce in the second quarter from $4,900 in the first quarter. Gold by-product all-in sustaining costs, a non-GAAP measure, increased to $1,621 an ounce from $1,029.
The company attributed the cost increase partly to lower gold and co-product volumes, higher sustaining capital and incremental costs associated with Cadia’s downtime. Despite those pressures, second-quarter free cash flow reached $2.2 billion, a record for a second quarter.
Conclusion
The October 22 release and same-day conference call are the next confirmed updates, providing third-quarter results and a check on Newmont’s progress toward its annual production target.
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