CA - Newcrest Mining GAAP EPS of $0.87 revenue of $4.51B misses by $40M
2023-08-11 01:11:26 ET
- Newcrest Mining press release ( OTCPK:NCMGF ): FY GAAP EPS of $0.87.
- Revenue of $4.51B (+7.1% Y/Y) misses by $40M .
- Statutory profit and Underlying profit of $778 million.
- Free cash flow of $404 million.
- Group production - gold of 2,105,068 oz.
- For H1 of FY24, Newcrest has derived its guidance range for Fruta del Norte by taking the mid-point of Lundin Gold's CY23 guidance range of 425koz to 475koz for gold production and $870/oz to $940/oz for AISC. For H2 of FY24, Newcrest has derived its guidance range for Fruta del Norte by taking the mid-point of Lundin Gold's CY24 guidance range of 450koz to 500koz for gold production and $780/oz to $850/oz for AISC.
- FY23 of Gold - koz 2,000 - 2,300; Copper - kt of 120 - 140; AISC - of 2,200 - 2,600.
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Newcrest Mining GAAP EPS of $0.87, revenue of $4.51B misses by $40M