GREENWOOD VILLAGE, Colo. (AP) _ Newmont Corporation (NEM) on Tuesday reported first-quarter profit of $822 million.

On a per-share basis, the Greenwood Village, Colorado-based company said it had profit of $1.02. Earnings, adjusted for non-recurring gains, were 40 cents per share.

The results missed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 43 cents per share.

The gold and copper miner posted revenue of $2.58 billion in the period, which also did not meet Street forecasts. Three analysts surveyed by Zacks expected $2.68 billion.

Newmont shares have increased 44% since the beginning of the year, while the Standard & Poor's 500 index has declined 12%. The stock has more than doubled in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NEM at https://www.zacks.com/ap/NEM

Automated Insights, source Associated Press News