GREENWOOD VILLAGE, Colo. (AP) _ Newmont Corporation (NEM) on Thursday reported third-quarter profit of $839 million.

On a per-share basis, the Greenwood Village, Colorado-based company said it had net income of $1.04. Earnings, adjusted for one-time gains and costs, came to 86 cents per share.

The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 79 cents per share.

The gold and copper miner posted revenue of $3.17 billion in the period.

Newmont shares have increased 35% since the beginning of the year, while the Standard & Poor's 500 index has climbed 1%. The stock has increased 51% 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

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