Newmont Mining Q3 Profit Rises - Quick Facts

(RTTNews) - Newmont Mining Corp. (NEM) Thursday reported third-quarter profit of $408 million or $0.82 per share, up from $367 million or $0.74 per share in the same period last year.

Net income from continuing operations totaled $429 million or $0.86 per share, up from $400 million or $0.81 per share last year.

Adjusted earnings for the quarter was $227 million or $0.46 per share. On average, 19 analysts polled by Thomson Reuters expected the company to earn $0.32 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues decreased 20 percent to $1.98 billion from $2.48 billion last year. Analysts expected sales of $2.00 billion.