Investing.com - Newmont Goldcorp reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Newmont Goldcorp announced earnings per share of $0.83 on revenue of $3.06B. Analysts polled by Investing.com anticipated EPS of $0.8078 on revenue of $3.14B.
Newmont Goldcorp shares are up 31% from the beginning of the year and are trading at $60.36 , down-from-52-week-high.They are outperforming the Nasdaq 100 which is up 15.16% from the start of the year.
Newmont Goldcorp follows other major Basic Materials sector earnings this month
Newmont Goldcorp's report follows an earnings beat by Dow on Thursday, who reported EPS of $2.72 on revenue of $13.86B, compared to forecasts EPS of $2.36 on revenue of $13.06B.
PPG Industries had missed expectations on Monday with second quarter EPS of $1.94 on revenue of $4.36B, compared to forecast for EPS of $2.2 on revenue of $4.34B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar