In the 2026 Q1 earnings season, major companies including Newmont Corporation, Quanta Services, and AMETEK have reported strong results. Quanta Services achieved adjusted earnings per share (EPS) of $2.68, a 50% year-over-year increase, alongside a 26.3% rise in sales to $7.9 billion, with a record backlog of $48.5 billion. AMETEK reported sales of $1.9 billion, an 11% increase year-over-year, and adjusted EPS of $1.97, surpassing consensus expectations.
Newmont benefited from rising gold prices, reporting an average price of $4,900 per ounce, leading to free cash flow of $3.1 billion, a record for the company. The earnings outlook for Newmont remains strong, reflecting expectations for continued growth in the current and next fiscal years.
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