Newmont Stock Underperforms as Analyst Sentiment Sours
• Newmont Corporation (NEM) stock rose 0.15% but lagged the broader market in latest trading session • NEM shares have fallen 18.74% over the past month, underperforming its sector • NEM is expected to post EPS of $0.51 and revenue of $3.17B in its next quarterly earnings release • Analyst estimate changes have been unfavorable for NEM recently, indicating challenges ahead • NEM holds a Zacks Rank of #5 (Strong Sell), denoting negative outlook from analysts