NEM Earnings Predictions — 2026-07-23

Ticker Report or Guide KPI Prediction Answer Confidence
NEM Report Adj. Operating EPS (Q2 2026) BEAT pred ~$2.05 vs. cons $1.944 MEDIUM
NEM Report Gold Production (Q2 2026, Kozt) BEAT pred ~1,190 vs. cons 1,172 MEDIUM
NEM Report AISC By-Product (Q2 2026, $/oz) MISS pred ~$1,820 vs. cons $1,776 MEDIUM
NEM Guide FY Production (FY 2026) BETTER guide ~5,300 Kozt vs. cons 4,924 Kozt HIGH
NEM Guide FY AISC (FY 2026, $/oz) LOWER guide ~$1,680 vs. cons $1,510 HIGH
NEM Guide Buyback Pace / Capital Returns BETTER reaffirm $6B program; qualitative positive MEDIUM
NEM Guide Ghana / Nevada JV (Qualitative) UNCHANGED no resolution; continued engagement language HIGH
NEM Return Day-1 residual (stock − beta × S&P 500) +3.0% MEDIUM
NEM Return 5-day cumulative residual -1.5% (FADE) FADE — FY AISC guide reaffirmation forces sell-side EPS cuts; D0 rally fades as models reset MEDIUM