What's Going On With Freeport-McMoRan (FCX) Stock Ahead Of Q4 Earnings Report?
Freeport-McMoRan exceeded market expectations in Q3 with $6.79 billion in revenue and strong copper and gold sales. The company expects strong Q4 results with 1 billion pounds of copper and 450 thousand ounces of gold.
Why Did Jefferies Give Freeport-McMoRan Inc (FCX) Stock Hold Rating?
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 0.58% of Freeport-McMoRan Inc (FCX)’s shares, while financial institutions hold 84.57%.
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 and full-year 2024 operating and financial results. A copy of today's release with supplemental schedules and slides are available on our website, fcx.com. Today's conference call is being broadcast live on the Internet.
Freeport-McMoRan takes Wall Street hit after Q4 report
Phoenix-based copper mining giant Freeport-McMoRan Inc. had a mixed fourth quarter in 2024, with revenue coming up short of Wall Street analysts’ expectations but earnings beating them.
Neutral Hold Rating for Freeport-McMoRan Amidst High Capital Expenditure and Mixed Outlook
In a report released yesterday, Alexander Hacking from Citi maintained a Hold rating on Freeport-McMoRan (FCX – Research Report), with a price
Freeport-McMoRan to Post Q4 Earnings: What's in Store for the Stock?
The Zacks Consensus Estimate for Freeport’s fourth-quarter consolidated revenues is currently pegged at $6,003 million, which suggests a year-over-year increase of roughly 1.7%.
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: Strong Q4 Earnings and Bullish Copper Outlook Justify Buy Rating
Freeport-McMoRan (FCX – Research Report), the Basic Materials sector company, was revisited by a Wall Street analyst yesterday. Analyst Lawson
Despite Short-Term Risks Freeport McMoran Worth a Look
Freeport-McMoRan Inc. (NYSE: FCX) stock shares are down nearly 4% (3.96%) after the company released its fourth quarter and full-year 2024 earnings report on January 23. The stock is off its session lows in midday trading,
Freeport-McMoRan's copper production slips in Indonesia; shares fall
McMoRan posted a drop in fourth-quarter production on Thursday and said that its costs would rise more than expected this ...
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'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 beats Q4 profit estimates helped by higher copper prices
McMoRan beat fourth-quarter profit estimates on Thursday, as higher copper prices helped offset the impact of lower ...
Freeport-McMoRan: Time For A Checkup With Dr. Copper (Technical Analysis)
McMoRan's diversified production and future automation plans position it well for long-term growth and cost reduction. Read ...
Positive Long-term Outlook for Freeport-McMoRan Amid Strategic Growth Initiatives
Katja Jancic, an analyst from BMO Capital, assigned the Buy rating on Freeport-McMoRan (FCX – Research Report). The associated price target is ...