Freeport (FCX) to Report Q1 Earnings: What's in the Offing?
FCXFreeport-McMoRan(FCX) Zacks Investment Research·2024-04-18 21:05

Freeport-McMoRan Inc. (FCX) is set to release first-quarter 2024 results before the opening bell on Apr 23. The mining giant’s earnings beat the Zacks Consensus Estimate in each of the last four quarters. It has a trailing four-quarter earnings surprise of roughly 21.5%, on average. Freeport is expected to have gained from its efforts to increase mining rates, the strength in copper prices and lower costs in the first quarter. The stock has gained 18.9% in the past year compared with the industry’s 25.1% ri ...