other material
confidence high
sentiment neutral
materiality 0.70
Newmont provides pro forma combined results for Newcrest acquisition; 9mo 2023 net income $1.25B, FY2022 net loss $121M
NEWMONT Corp /DE/
- Pro forma combined sales $11.2B for 9mo ended Sep 30, 2023; net income to Newmont $1.25B, diluted EPS $1.09.
- For FY2022, pro forma sales $16.4B; net loss $121M ($0.11 loss per share).
- Purchase price ~$13.5B based on 357.7M Newmont shares issued at $37.88/share.
- Pro forma total assets $58.5B, total equity $32.3B as of Sep 30, 2023.
- Goodwill increased to $3.9B from preliminary purchase price allocation.