Newmont Corporation

(New York Stock Exchange)
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Bullish +75

Zacks Investment Ideas feature highlights: Newmont, Quanta Services and Ametek

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πŸ“… Zacks Investment Ideas highlighted Newmont (NEM), Quanta Services (PWR), and Ametek (AME) for reporting record-breaking Q1 2026 results on May 5, 2026.

πŸ’° Quanta Services posted record quarterly EPS of $2.68 (up 50% YoY) and sales of $7.9 billion (up 26.3% YoY), significantly beating consensus estimates.

πŸ“ˆ Quanta Services reported a record backlog of $48.5 billion and raised guidance across metrics, driving its stock to surge after earnings.

πŸ† Ametek delivered strong results with sales growing 11% to $1.9 billion and adjusted EPS rising 13% to $1.97, both exceeding analyst expectations.

πŸ“‰ Ametek achieved record EBITDA and a record backlog as orders grew 23% year-over-year due to strong market demand.

⛏️ Newmont benefited from a significant rise in gold prices, which averaged $4,900 per ounce during the period compared to $2,944 last year.

πŸ’΅ Newmont generated a free cash flow of $3.1 billion, an all-time record, enhancing its ability to fund share repurchases.

πŸš€ Newmont received the most bullish EPS outlook revisions among the three companies for both current and next fiscal years.

πŸ“ˆ Both Quanta Services and Ametek saw bullish EPS revisions for their current and upcoming fiscal years following their strong earnings reports.

🌐 The article promotes Zacks top stock-picking strategies, noting an average annual gain of +7.7% since 2000 compared to the S&P's lower return.

πŸ›°οΈ Zacks' Research Chief Sheraz Mian highlighted a small-cap satellite-based communications firm as a top pick with potential to double in value.

πŸ”’ The press release includes standard disclaimers regarding investment risks, past performance not guaranteeing future results, and lack of specific financial advice.

Bullish Signals
  • Quanta Services reported record-breaking quarterly results with Adjusted EPS of $2.68 growing by a sizable 50% year-over-year.
  • Quanta Services sales climbed 26.3% year-over-year to $7.9 billion, and its backlog reached a record $48.5 billion to support future momentum.
  • The company raised guidance across many metrics driven by a favorable demand environment, leading to a significant stock surge near all-time highs.
  • Ametek reported strong results with sales of $1.9 billion growing 11% year-over-year and adjusted EPS of $1.97 growing by 13%.
  • Ametek achieved record EBITDA, record orders growing 23% year-over-year, and a record backlog following robust demand.
  • Newmont benefited significantly from a rise in gold prices, averaging $4,900 per oz compared to $2,944 the prior year.
  • Newmont generated a free cash flow of $3.1 billion, reflecting an all-time record that enables share repurchase program increases.
  • EPS outlooks for all three companies remain bullish for their current and next fiscal years, with expectations soaring for Newmont's growth.
  • Zacks top stock-picking strategies have historically blown away the S&P average gains, with hypothetical portfolios showing annual gains ranging from +48.4% to +56.7%.
Risk Factors
  • The article explicitly states it has not reviewed or approved the content, noting it contains third-party press releases and paid material from Zacks Investment Research.
  • All financial performance data and bullish outlooks rely entirely on hypothetical projections provided by a third-party firm rather than verified facts.
  • The text includes standard investment disclaimers stating that past performance is no guarantee of future results and that inherent in any investment is the potential for loss.
  • No recommendation or advice is given regarding whether the mentioned investments are suitable for a particular investor.
  • There is an inherent risk of regulatory scrutiny regarding the promotional nature of the content, which includes compensation disclosures.
  • The specific stock performance examples cited (like Hims & Hers Health shooting up +209%) represent hypothetical or historical results that may not repeat for other securities.
Full Analysis
This press release from Zacks Investment Research, dated May 5, 2026, highlights record-breaking Q1 earnings results for three specific companies: Newmont Corporation (NEM), Quanta Services (PWR), and Ametek (AME). Each company reported quarterly records that significantly exceeded market expectations, with the article noting a strong bullish sentiment driving stock surges in the post-earnings period. Quanta Services led the report with robust growth, reporting adjusted earnings per share (EPS) of $2.68, which represented a 50% year-over-year increase and a 31.4% beat against consensus estimates. The company's sales reached $7.9 billion, reflecting a 26.3% YoY climb, while its project backlog hit a record high of $48.5 billion. Following these results, Quanta Services raised its guidance across multiple metrics, leading to bullish EPS revisions for both the current and next fiscal years. Ametek also delivered strong performance with sales of $1.9 billion growing 11% year-over-year and adjusted EPS of $1.97 rising 13%. The company reported record EBITDA, record orders up 23%, and a record backlog. Consequently, Ametek raised its current-year EPS outlook, causing shares to pop near all-time highs with supportive revisions for the coming fiscal periods. Newmont benefited significantly from elevated gold prices, which averaged $4,900 per ounce during the quarter compared to $2,944 last year. This favorable backdrop generated a record free cash flow of $3.1 billion, enabling the company to increase its share repurchase program. Newmont received the most bullish outlook among the three, with soaring expectations for current and next fiscal year EPS. The release concludes with standard disclaimers regarding Zacks investment rankings and hypothetical portfolio performance data.