Analysts expect Newmont to report Q1 revenue of $6.77 billion and EPS of $2.07, while the stock currently trades at $109.31 against an average price target of $138.26.
The primary focus for investors is the volume of attributable gold production as the company navigates a series of strategic divestitures following its Newcrest merger. Despite record-high gold prices supporting the top line, quarterly production is projected to decline 20.3% year-over-year to 1.22 million ounces due to the intentional removal of non-core assets. Markets will also monitor All-In Sustaining Costs (AISC), which are forecasted to rise as royalty inflation and increased sustaining capital investments pressure margins.