10-QPeriod: Q3 FY2017

NEWMONT Corp /DE/ Quarterly Report for Q3 Ended Sep 30, 2017

Filed October 26, 2017For Securities:NEMNEMCL

Summary

Newmont Corporation's third-quarter 2017 results, as detailed in their 10-Q filing, indicate a company navigating a dynamic operational and economic environment. While specific financial figures are not provided in the excerpt, the filing structure points to a comprehensive review of their financial condition, results of operations, and liquidity. Investors should pay close attention to the Management's Discussion and Analysis (MD&A) section, which will elaborate on the drivers of revenue, cost of goods sold, operating expenses, and ultimately, profitability for the period ending September 29, 2017. The report also highlights the company's commitment to transparency regarding market risks, legal proceedings, and risk factors. Investors will want to understand how these elements might impact future performance and the company's strategic direction. The inclusion of Non-GAAP Financial Measures suggests that investors should scrutinize these alongside the standard GAAP figures to gain a complete picture of the company's financial health and operational efficiency.

Financial Highlights

47 data points
Beta

Revenue

$1.88B

25.1% Gross Margin

Net Income

$206.00M

11.0% Net Margin

EPS (Diluted)

$0.38

Total Assets

$20.84B

Cash & Equivalents

$2.97B

Free Cash Flow

$486.00M

Financial Statements
Beta
Revenue$1.88B
Gross Profit$472.00M
R&D Expenses$41.00M
Operating Expenses$1.55B
Operating Income$213.00M
Net Income$206.00M
EPS (Basic)$0.38
EPS (Diluted)$0.38
Shares Outstanding (Basic)533.00M
Shares Outstanding (Diluted)536.00M

Key Highlights

  • 1The filing covers the financial performance and operational status of Newmont Corporation for the quarter ending September 29, 2017.
  • 2Key sections include the Consolidated Statements of Operations, Cash Flows, and Balance Sheets, providing a snapshot of financial health.
  • 3Management's Discussion and Analysis (MD&A) will offer detailed insights into the company's results, financial condition, and liquidity.
  • 4The report addresses Quantitative and Qualitative Disclosures about Market Risk, informing investors about potential financial exposures.
  • 5Risk Factors and Legal Proceedings sections provide crucial information on potential challenges and liabilities facing the company.
  • 6Disclosure of Non-GAAP Financial Measures indicates the company's use of alternative metrics to explain performance.
  • 7The filing includes Mine Safety Disclosures, reflecting a commitment to operational safety and regulatory compliance.

Frequently Asked Questions

The provided excerpt does not contain specific financial figures for the third quarter of 2017. Investors would need to refer to the 'Condensed Consolidated Statements of Operations' and the 'Management's Discussion and Analysis' within the full 10-Q filing for detailed revenue, profit, and expense information.

The 'Risk Factors' section (Item 1A) of the 10-Q filing is dedicated to detailing the risks Newmont faces. These could include operational risks, commodity price volatility, regulatory changes, environmental issues, and geopolitical factors, among others. A thorough review of this section is essential for understanding potential headwinds.

The 'Liquidity and Capital Resources' subsection within 'Management's Discussion and Analysis' will provide details on the company's cash position, debt levels, access to credit facilities, and its ability to fund operations, capital expenditures, and debt obligations. The 'Condensed Consolidated Statements of Cash Flows' will also offer insights into cash generation and usage.

Non-GAAP Financial Measures are metrics used by management that are not calculated in accordance with Generally Accepted Accounting Principles (GAAP). Newmont likely uses these to provide investors with additional insights into their operational performance, such as adjusted EBITDA or all-in sustaining costs, which can help in comparing performance across periods or against peers, but should be analyzed in conjunction with GAAP figures.