Newmont beats Q3 earnings estimates with higher gold sales and strong cash flow.

Newmont Corporation reported stronger-than-expected Q3 2026 earnings, with adjusted net income of $2.20 per share, surpassing analyst estimates. The company's improved performance was driven by higher gold sales volumes and elevated metal prices, despite a slight decline in gold prices from the previous quarter. Gold production rose 7% to 1.3 million ounces, supported by recovery at key mines. Newmont maintained its full-year gold production guidance and lowered cost forecasts, while generating $1.9 billion in free cash flow. The company also highlighted a strong balance sheet and ongoing development projects, signaling confidence in future growth despite inflation and cost pressures.

Following Newmont's better-than-expected Q3 earnings report, the stock is trading at USD 115.15 on Pluang as of Oct 23, 2026 03:21 WIB. Despite the strong earnings, the share price has declined by 1.73% in the last day. Investors on Pluang show a 64% sell and 36% buy order activity, reflecting mixed sentiment amid the company's raised 2026 cost outlook.