Freeport-McMoRan's copper production slips in Indonesia; shares fall
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Freeport-McMoRan sees Q1 copper sales 850M lbs.
Sees Q2 copper sales 1.045B lbs., Q3 copper sales 1.04B lbs, and Q4 copper sales 1.065B lbs. Sees Q1 gold sales 225K oz., Q2 gold sales 475K
Freeport-McMoRan: Q4 Earnings Snapshot
The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 24 cents per share. The mining company posted revenue of $5.72 billion in the period, which fell short of Street forecasts.
Freeport-McMoRan beats Q4 profit estimates helped by higher copper prices
Miner Freeport-McMoRan beat fourth-quarter profit estimates on Thursday, as higher copper prices helped offset the impact of lower production. Copper prices climbed in the quarter, buoyed by signs of increased stimulus in top consumer China,
Freeport McMoRan slips as 2025 copper guidance miss outweighs Q4 earnings beat
Freeport McMoRan (NYSE:FCX) -2.6% in Thursday's trading after better than expected Q4 adjusted earnings were overshadowed by lower copper production and full-year guidance that missed estimates. Freeport (FCX) reported Q4 net income fell to $274M,
Freeport's Earnings Surpass Estimates in Q4, Revenues Miss
Freeport-McMoRan Inc. FCX recorded net income of $274 million or 19 cents per share for fourth-quarter 2024, down around 29.3% from $388 million or 27 cents in the year-ago quarter. Barring one-time items,
Freeport-McMoRan Inc. stock underperforms Friday when compared to competitors
This was the stock's third consecutive day of losses.
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Freeport-McMoRan beats fourth-quarter profit estimates
Miner Freeport-McMoRan beat fourth-quarter profit estimates on Thursday, helped by higher copper prices. Average copper ...
Freeport-McMoRan, Clearway Energy And A Financial Stock On CNBC's 'Final Trades'
Bill Baruch of Blue Line Capital said copper is going higher and Freeport-McMoRan will follow after reporting Q4 revenue of ...
Freeport, Alcoa Stocks Fall. Tariff Worries Overshadow Strong Earnings.
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Freeport McMoRan downgraded at Jefferies as next breakout will take time
Freeport McMoRan (FCX) stock downgraded by Jefferies to Hold with $40 price target, citing challenges in Indonesia and ...
Freeport-McMoRan (FCX) Q4 2024 Earnings Call Transcript
Good morning, everyone, and welcome to the Freeport conference call. Earlier this morning, FCX reported its fourth-quarter ...
Freeport Posts Drop in 4Q Net, Sees Indonesian Smelter Starting Mid 2025
Freeport-McMoRan posted a sharp decline in fourth-quarter earnings on diminished copper-and-gold production, but the miner said a long-awaited smelter project at a sprawling Indonesian mine would soon ...
Freeport-McMoRan's Copper Sales Fall Sparks Mixed Analyst Reactions, Long-Term Upside Remains In Play
Analysts lower price forecast for FCX after Q4 results, with JP Morgan reiterating $48 target and Neutral rating. Sales fell ...
Freeport-McMoRan price target lowered to $50 from $54 at BMO Capital
BMO Capital lowered the firm’s price target on Freeport-McMoRan (FCX) to $50 from $54 but keeps an Outperform rating on the shares after its Q4 ...