| NEM |
Report |
Adjusted EPS |
MISS |
pred ~$2.14 vs. cons $2.18 |
MEDIUM |
| NEM |
Report |
Attributable gold production |
MISS |
pred ~1.19 Moz vs. cons 1.21 Moz |
MEDIUM |
| NEM |
Report |
Gold by-product AISC |
MISS |
pred ~$1,790/oz vs. cons $1,725/oz |
MEDIUM |
| NEM |
Guide |
Attributable gold production guidance |
UNCHANGED |
guide ~5.26 Moz vs. cons 5.26 Moz (FY2026) |
MEDIUM |
| NEM |
Guide |
Gold by-product AISC guidance |
UNCHANGED |
guide ~$1,680/oz vs. cons $1,680/oz (FY2026) |
MEDIUM |
| NEM |
Guide |
Sustaining capital guidance |
UNCHANGED |
guide ~$1.95B vs. cons $1.95B (FY2026) |
HIGH |
| NEM |
Return |
Day-1 residual (stock − beta × S&P 500) |
-3.2% |
— |
MEDIUM |
| NEM |
Return |
5-day cumulative residual |
-4.5% (FOLLOW-THROUGH) |
Higher Q2 AISC (~$1,790/oz vs. $1,725/oz) and lower production (~1.19 Moz vs. 1.21 Moz) should reduce FY2026-FY2027 estimates despite unchanged headline guidance; the heavier H2 production requirement also raises execution risk and sustains negative revisions. |
MEDIUM |